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We unpack the week’s swirl: China’s commitments, a reopened USDA, cattle volatility, a soybean basis snapback, and record corn chatter across the Upper Midwest. Stephen Vaden’s interview frames aid expectations and trade confidence as we look toward fast-moving data and holiday demand.

• China honoring ag purchase commitments and why it matters
• SNAP restart timing and near-term demand signals
• Cattle market volatility and producer risk management
• Screwworm risks and opposition to reopening the border
• Soybean basis recovery in North Dakota and cautious optimism
• Strong local corn yields versus national disease challenges
• Aid payments tied to current market conditions and high inputs

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Thank you, Tommy G