China Blinks: Tariff Exemptions on Some US Imports
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.🇨🇳 China’s Trade Shift?Beijing may exempt some US goods from tariffs! A task force led by China’s Ministry of Commerce is compiling a list—rumored to include 131 product categories—but no official word yet. This could signal growing concern about trade war impacts. Bloomberg & Reuters both confirm the buzz 📊🌱 Soybean Prices SurgeSoybean futures climbed for the 4th day in a row, hitting $10.62/bu on July25! Traders are hopeful about rising global demand and easing US-China tensions. Japan is reportedly eyeing more US soybeans, and soybean oil gains added support 🚀🐖 China Cancels Pork OrdersChina just made its largest US pork cancellation since 2020—pulling 20,000mt! Tariffs on pork are now a staggering 172%, and beef faces a 147% rate. 🇺🇸🇨🇳 Meat exports are definitely in the crosshairs of the trade fight 🥩🌽 Brazil’s Corn CrunchBrazil’s ethanol output from corn is exploding—set to hit 8.25 billion liters this year and more next! That’s tightening domestic corn supplies and may reduce Brazil’s exports… a potential win for US corn competitiveness 💪📉 Grain Exports SlumpUS corn sales dropped 26% on the week, soybeans fell 50%, and wheat saw net reductions 😬. Buyers were Japan (corn), Mexico (soybeans), and Vietnam (wheat). The export scene’s getting tougher.🔥 Drought UpdateSome relief! 🌧️ Drought eased in Missouri, Iowa, and parts of Illinois and Minnesota. But corn, soybeans, and wheat still face stress across big portions of the US 🌾Corn: 26% in droughtSoybeans: 21%Winter Wheat: 33%Spring Wheat: 49%Cattle areas: 37%📊 Stock Market ReboundsMarkets popped Thursday as Trump’s softer trade tone gave investors hope. But China says talks haven’t started, so stay tuned… 📉 The S&P 500 is still down 3.3% since April 2.👉 Like, comment, and subscribe for more timely grain market updates.Stay informed. Stay ahead. 💡
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21:23
Early Season Floods in China + Soybean Bounce
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.🌱 Soybeans Pop, Corn Slips, Wheat Hits New Lows 🚜📈 Markets on the Move!Soybean futures climbed 📊—with July ‘25 beans hitting their highest level in 2️⃣ months! The boost came after President Trump reassured markets he won’t fire Fed Chair Powell and suggested tariff relief for China 🇨🇳. Technical buying added fuel to the rally 🔥🌽 Corn & Wheat DownCorn dipped as dry weather forecasts may speed up planting in the Corn Belt 🌾. Wheat futures fell, pressured by weak global demand and rain across the U.S. Plains 🌧️. Jul’25 HRW wheat made contract lows overnight ⚠️🇨🇳 China Crop TroubleDrought in China’s wheat & corn belts and soggy conditions up north are hitting yields and delaying soybean planting 🚨. At the same time, tensions remain high in the trade war, with China demanding the U.S. scrap all tariffs 🚫📦⛽ Ethanol UpdateU.S. ethanol stocks sank to their lowest since January 🛢️. Weekly output rose, but margins remain tight 🤏. Could tightening supplies lift prices?🇦🇷 Argentina Harvest LagsDry weather will speed up soybean harvest in Argentina 🌞—but March floods already cut into yields. Only 23% of the crop has been sold, the lowest in a decade 📉🛢️ Crude Oil DropsWTI fell 2.2% as OPEC+ weighs another output boost 💧. Eight members meet May 5 to decide on June volumes 🗓️👇 See the latest maps & charts below!💬 Don’t forget to like, subscribe, and drop your thoughts in the comments! Let’s talk grain! 🌾📉📈
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13:07
Trump Will "Be Nice" to China - Markets React
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 21k Subs! Thanks!0:51 Trump to Ease on China?3:02 Markets React5:16 Ethanol Push6:50 Summit Pipeline Setback8:05 Another Spring Wheat Contract?9:33 IMF Forecast11:16 Trade and Logistics Impact🇺🇸💼 Trump Signals Softer Tariffs in China TalksPresident Trump says tariffs on Chinese goods may be reduced but not eliminated. “We’re going to be very nice,” he added. As markets feel the pressure 📉 and rates stay high, trade talks could gain urgency.📊 Treasury Talks & Market ReactionTreasury’s Scott Bessent says current tariffs aren’t sustainable — and that a new trade balance could emerge in 2-3 years. 📈 Stocks rallied on the optimism, with major indexes jumping nearly 3%.⛽ Midwest Pushes for E15 Fuel WaiversSeven Midwest governors 🧑🌾 are urging the EPA to approve E10/E15 waivers for the summer driving season. They say it’ll boost fuel supply and bring prices down — especially important amid current shortages.🛑 South Dakota Nixes Carbon PipelineSummit Carbon’s pipeline plan got shut down ❌ as SD regulators voted 2–1 against it. The state’s eminent domain ban made land access nearly impossible. Summit plans a new route after investing $150M.🌾 Spring Wheat Showdown: CME vs MIAXCME launched its own spring wheat contract to compete with MIAX 🌾. Traders worry the market may not support two. CME is slashing fees to win volume, but MIAX holds strong with historic data and momentum.🌍 IMF Lowers Global OutlookThe IMF just cut growth forecasts ✂️ for most major economies. For the U.S., 2025 growth is now seen at 1.8%—with inflation expected to hit 3%. The U.S.-China tariff battle is a key reason behind the slowdown 📉.🚢 SoCal Trade at RiskThe West Coast’s logistics hub may be in trouble 😬. Tariffs are slashing cargo volumes at LA and Long Beach ports. Imports & exports could drop 10% starting next month, though diverted traffic might cushion the blow.👇 Stay tuned for the latest on trade, tariffs, and fuel markets📌 Don’t forget to subscribe, drop a like, and leave your thoughts in the comments!
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Subscribe!0:45 Dollar, Trump, Powell, Commodities4:06 US / India Talks8:15 US Planting Update11:27 SA Countries Benefit from Trade War13:19 Corn Shipments are Strong📉 Dollar Drops to 3-Year Low | US-India Trade Talks | Crop Progress & Export Strength 💪Welcome back to Grain Markets & Other Stuff! In today’s update, we cover big moves in currency, trade, and crops. 🌎🚜📊💵 US Dollar SlidesThe greenback hit its lowest level since March 2022 😬 as Trump pressures the Fed to slash interest rates. Tensions rise as the White House reportedly explores removing Jerome Powell. 😮📉🇺🇸🤝🇮🇳 US-India Trade Talks AdvanceVice President JD Vance visits India and pushes for a fall trade deal 📆. India might slash tariffs on U.S. imports and open the door to ethanol discussions for the first time ever. 🔥🌱 Corn & Soybean Planting UpdateCorn is 12% planted, soybeans 8% 🌽🫘, with some states flying ahead of schedule while others lag behind. Full breakdowns inside! 📈🌾 Winter & Spring Wheat SnapshotWinter wheat ratings slip a bit but still beat the average. Spring wheat planting is moving quickly in the north! 🌾⚙️🌍 Brazil & Argentina Step UpSouth American ag exporters are cashing in on the US-China trade war. Chinese buyers pivot to Brazil for beef and beans. 🇧🇷🐄🥜🚢 Export Inspections Beat EstimatesCorn, soybeans, and wheat all showed strong demand last week — with corn topping 1.7mmt! 📦📦📦
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15:06
Vessel Fee News: Are Grain Shipments at Risk? + 3-Month Weather Outlook
Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.🚢 Trump Scales Back Ship TariffsThe Trump administration has softened its stance on China-built ship fees. Instead of $1.5M per port call, vessels will now face fewer charges — and empty grain/coal ships are exempt! 🌾⛴️🌧️ Rain in the Plains & Corn BeltBig weekend rains hit parts of Oklahoma, Missouri & beyond. More on the way for the Southern Plains. NOAA’s 3-month outlook just dropped — maps inside! 🗺️🌽 Drought Monitor UpdateDry week for much of the Corn Belt. Drought eased in some parts of MN/WI but worsened in NE & KS.🔹 Corn: 30%🔹 Soybeans: 23%🔹 Winter Wheat: 34%🔹 Spring Wheat: 43%🔹 Cattle: 38%📈 Funds Go Long SoybeansCFTC shows big fund buying — soybeans saw the largest net-long since Feb.! Corn and wheat also saw fresh buying. 📊🇯🇵 Japan Trade TalksJapan may boost soybean & rice imports. Corn trade steady. Trump presses on tariffs & ag exports — no deal yet, but “big progress.” 🤝🛢️ Ethanol Exports BoomU.S. ethanol exports already over 1 billion gallons this year. 🚀🇨🇦 Canada = top buyer🇪🇺 EU = huge YOY increase🚚 Corn & Soybean Export Sales SurgeCorn sales are up 99% on the week. 📦 Mexico leads. Soybeans are also strong. Wheat? Not so much.🐄 Cattle on Feed ReportSlightly bearish tone — placements up, but still below the 5-year average. Neutral-to-bearish read overall. 📉📈
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