Grain Markets and Other Stuff

120 MILLION Acres of Soybeans in Brazil


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0:00 120mil Soybean Acres
3:38 Soybean Selloff
4:51 Excessive Rain?
7:50 Ethanol Production
8:58 GDP and the Haters

🌱 Brazil's Monster Soy Crop & Market Fallout! 🌎💥

🚨 Big headlines this week from Brazil! DATAGRO pegs their next soybean crop at a jaw-dropping 182.9 MMT 🤯—well above USDA’s 175 MMT estimate. That’s +8.2% from last year’s record. 🇧🇷🌱 Meanwhile, Brazilian farmers are expected to harvest 120+ million soybean acres, dwarfing the 82.5 million in the U.S. Corn crop? Also record-setting at 140.9 MMT, says DATAGRO. 📈🌽

📉 Soybean futures keep sliding for a fourth straight day. November 2025 dropped nearly 14 cents to $9.96, the lowest since April. Why? 👉 Favorable weather 🌧️, weak Chinese demand 🇨🇳, and bearish momentum across the soy complex. Even soybean meal hit contract lows. Ouch. 🛑

🌧️ Rain, rain, and more rain in parts of the Corn Belt! Iowa, Missouri, Minnesota, and Illinois have been soaked—over 4 inches in just 7 days. Some Iowa counties have seen 12+ inches in the past month! Drier days are expected, but more rain may return next week. ☁️🌦️

⛽ Ethanol update: Weekly U.S. production hit 1.1 million barrels/day, +1.7% on the week. Stocks rose to 24.7 million barrels, staying well above seasonal norms. Margins? Still solid, per Reuters. 💵🛢️

📊 The U.S. economy is on fire 🔥! Q2 GDP came in at +3.0%, smashing expectations. The big driver? Imports plunged 30% year-over-year—thanks, tariffs. 🏛️ Fed held rates steady, but the dollar surged, notching its biggest 5-day rally since 2022! 💸🇺🇸

👇 Drop your thoughts in the comments & don’t forget to like, subscribe, and share if you enjoy staying ahead of the ag game! 🌽📰💬

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Grain Markets and Other StuffBy Joe Vaclavik

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