Grain Markets and Other Stuff

90 Day US/China Truce - Will China Finally Buy Some Soybeans?!


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Futures and options trading involves risk of loss and is not suitable for everyone.

0:00 US/China/Soybeans
2:33 USDA Preview
4:56 Brazil Corn Update
8:34 Crop Progress / Conditions
11:36 Strong Corn Shipments Again

🌎 Tariff Truce Extended & Soybean Rally! 🌱📈

On Monday, President Trump extended the tariff truce with China for another 90 days — just hours before massive tariffs were set to return. Without the deal, Chinese imports to the US would’ve faced a 145% tariff, and China would’ve slapped a 125% tariff on US goods 🚢💥.

📣 In a Sunday night Truth Social post, Trump urged China to quadruple its US soybean purchases. While no fresh buying has been confirmed, soybean futures rallied nearly 24¢ Monday, with the Nov25 contract settling near $10.11/bu. However, prices are trading softer early this morning.

📊 USDA Report Day 🌽🌾
The Crop Production & WASDE report drops at 11am CST!
Corn yield & production → traders expect a big jump amid stellar crop ratings.
Soybeans → yield seen ticking higher.
Wheat → US carryout likely lower, but world numbers mostly steady.

🇧🇷 Brazil Corn Harvest Update 🌽

88% of Brazil’s second-crop corn harvested (behind last year’s pace).
AgRural pegs total corn crop at 136.3mmt (record!).
Farmer selling slow ➡️ prices high ➡️ US staying competitive.

🌱 Crop Conditions
Corn: 72% G/E (2nd-best in 10 years for this week) 👍
Soybeans: 68% G/E, still above 5-year avg 📈
Spring Wheat: 49% G/E (up 1% from last week)
Winter Wheat: 90% harvested ✅

🚢 Export Shipments
Corn: 1.5mmt (↑16% vs. last week, ↑51% YoY)
Soybeans: 519k mt (↓18% WoW, ↑48% YoY)
Wheat: 365k mt (near low end of expectations)

📺 Stay Tuned!
✅ Subscribe for real-time USDA breakdowns, grain market updates, and trade news.
💬 Drop your thoughts below—will China actually buy the beans?

#Soybeans #Corn #Wheat #USDA #Trump #Tariffs #GrainMarkets #BrazilCorn #FarmNews #AgUpdates

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Grain Markets and Other StuffBy Joe Vaclavik

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