
Grain Markets and Other Stuff
Joe Vaclavik and Mackenzie Johnston discuss the grain markets, the business of farming, news related to agriculture, and a variety of other topics.
Grain Markets and Other Stuff
Friendly USDA Report: Why Can't Corn Rally??
Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube
Futures and options trading involves risk of loss and is not suitable for everyone.
0:00 Corn Struggles
4:43 Soybeans Rally
6:08 Wheat Sucks
9:08 Planting Progress
11:25 Wheat Ratings
12:46 Mexican Feeder Cattle Suspension
13:54 Stock Market Rally
15:50 Shipments
16:59 Flash Sale
๐ USDA Report Recap + Tariff Talk + Market Reactions ๐ฝ๐
๐จ Monday's USDA report brought friendly corn news, a soybean rally, and wheat pressure โ but markets didnโt act like it. Here's what happened:
๐ฝ Corn Check-In
USDA cut ending stocks for the current year thanks to higher exports โ
New crop balance sheet came in tighter than expected ๐
But corn still traded lower this morning ๐คท
๐ซ Soybean Surge
July โ25 beans jumped nearly 20ยข ๐
Support from US-China tariff reduction & tighter supply estimates ๐
Ending stocks now the 2nd lowest since โ12/โ13 ๐ฅ
๐พ Wheat Woes
Chicago wheat hit a new contract low โ
USDA boosted both US & global ending stocks ๐
Rain across the Plains = improving crop conditions ๐ง๏ธ
๐ฑ Planting Progress
Corn: 62% planted nationally ๐ฝ
Beans: 48% planted ๐ซ
Several states moving fast, others still behind โฑ๏ธ
๐ชฒ Feeder Cattle Suspension
USDA halts Mexican feeder cattle imports due to New World screwworm ๐ซ๐
Cattle futures ๐ on the news
Mexico calls move โunfairโ ๐ฒ๐ฝ
๐ Export Update
Corn exports dipped but still solid ๐ฆ
Soybean and wheat shipments mixed ๐ฌ
USDA also announced a flash soybean sale to Mexico ๐ฒ๐ฝ
๐ผ Market Rally!
S&P 500, Nasdaq, and Dow all jumped ๐
US-China slash tariffs for 90 days ๐
Traders now see fewer Fed rate cuts this year ๐ฐ
๐ฌ Drop your thoughts in the comments & donโt forget to subscribe for more ag market updates! ๐ฒ
#USDA #Corn #Soybeans #Wheat #Tariffs #GrainMarkets #FarmNews #Cattle #AgTrade #MarketUpdate #CropProgress #Commodities #Farming #AgNews