Grain Markets and Other Stuff

Corn Belt Heat Wave - Nobody Cares


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0:00 Joe's Resting B Face
1:30 Corn Belt Heat Wave
3:28 Argy Meal to China
5:08 ADM Stock Rises
7:47 Farmer Sentiment
9:20 Big Ukraine Crops
10:39 Corn Flash

๐ŸŒฝ๐Ÿ”ฅ Heat, Trade, and Biofuels โ€“ Big Moves in Ag This Week! ๐ŸŒŽ๐Ÿ’ฅ

Hey farmers, traders, and ag market watchers! ๐Ÿ‘จโ€๐ŸŒพ๐Ÿ“ˆ This weekโ€™s update is packed with key developments you wonโ€™t want to miss! Letโ€™s break it down โฌ‡๏ธ

๐ŸŒก๏ธ โ˜€๏ธ Heat Wave Hits the Corn Belt!
A two-week scorcher is headed for the Corn Belt! CropProphet forecasts temps 3โ€“4ยฐF above normal, with near-normal rain at first, then slightly drier. Some say warm weather during grain fill can help corn and soybean yieldsโ€”if moisture holds up. What do you think? ๐Ÿค”

๐Ÿ‡จ๐Ÿ‡ณ๐ŸŒฑ China Buys Big from Argentina
Chinaโ€™s diversifying! They've now bought 3 cargos of ๐Ÿ‡ฆ๐Ÿ‡ท soybean meal (via Bunge), plus approved the first-ever Argentine corn shipment! ๐Ÿ“ฆ And with a $900M letter of intent signed for soy, corn, and oil... trade ties are heating up like the weather! ๐Ÿ”ฅ

๐Ÿ›ข๏ธ ADM Sees Biofuel Boom Ahead ๐Ÿšœ
Despite earlier scandals, ADM is riding high ๐Ÿ“ˆโ€”shares up 15% YTD. They expect higher biofuel mandates to fuel future profits, especially in Q4. Clarity in policy = bullish long term?ย 

๐Ÿ“‰ Farmer Sentiment Slips ๐Ÿ˜•
The Purdue/CME Ag Economy Barometer fell to 135 in July, with both present and future outlooks lower. But there's a silver lining: ๐ŸŒ optimism about trade is up, and most believe the US is heading in the right direction.ย 

๐ŸŒพ Ukraine Crop Outlook Improves ๐ŸŒ
Ukrainian wheat and corn production could exceed forecasts if weather holds. With grain production near 56mmt and exports projected to hit 40mmt, winter wheat acres are set to rise ๐Ÿšœ.ย 

๐Ÿšจ USDA Flash Sale (Kind ofโ€ฆ)
USDA reported a flash soybean saleโ€”but wait! Correction: it was actually corn! ๐Ÿ˜… This is the second correction in two weeks. Sale totals 5 mil bushels to unknown buyers for 2025/26.ย 

๐Ÿ‘ If you enjoy honest, independent ag updates, smash that LIKE, SUBSCRIBE, and join the convo below! Your support keeps us going ๐Ÿ™Œ

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Grain Markets and Other StuffBy Joe Vaclavik

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