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Futures and options trading involves risk of loss and is not suitable for everyone.
0:00 Corn Ratings Improve
3:15 USDA Snoozefest
8:39 US Weather
10:19 Big Brazil Corn Crop
11:44 Cattle and Mexico Border
13:03 Grain Shipments
14:22 Flash Sale
๐ฝ Crop Conditions Improve! USDA Surprises & Brazil Corn Booms! ๐ฑ
๐ Welcome back! In this update, weโre diving into the latest crop condition ratings, trade surprises from the USDA, weather outlooks, and key developments out of Brazil and the southern US border. Letโs dig in! ๐๐
๐ฝ Corn Conditions Climb
National corn rated 73% good-to-excellent ๐ โ best since 2020!
Trade expected 70%โฆ surprise!
Only 5% of the crop is poor/very poor ๐ซ
๐ฑ Soybeans Steady
66% good-to-excellent, unchanged and above the 5-year average
๐ Futures Pressure
New crop corn flirting with fresh lows this morning as ratings improveโฆ
๐ USDA June 30th Report: Mostly a Snoozer
Corn acres: 95.2M vs. 95.3M est.
Soybean acres: 83.4M vs. 83.5M est.
Corn stocks in line โ
, soy and wheat stocks a touch high
๐ค๏ธ Weather Outlook
Dry week ahead, especially for central and eastern Corn Belt ๐ฅ
Western Iowa and Minnesota get the best rain
8โ14 day forecast looks wetter ๐ง๏ธ (Euro model more optimistic than GFS)
Heat stays for now, but relief may come next week ๐ก๏ธ
๐ง๐ท Brazil Corn Surprise
AgRural bumps total output to 130.6 MMT ๐
Safrinha corn: record 103.4 MMT
Harvest pace still behind last year (18% vs 49%) โณ
Big supply, but delays persistโฆ
๐ Feeder Cattle Border Reopens
USDA starts gradual reopening for Mexican imports ๐ฎ
First port: Douglas, AZโmore to follow
Screwworm progress equals cautious optimism
Market already supported by lowest herd since 1950s ๐ฅ
๐ข Export Inspections
Corn: 1.4 MMT down 9% vs last week, but +65% YoY
Soybeans: 224K MT, soft vs last year
Wheat: 434K MT, strong print! ๐ช
๐ฆ Flash Sale!
204,000 MT of soybean cake and meal sold to unknown destinations
๐ง Tap into the trends and donโt miss a beat โ subscribe for more updates!
๐ฌ What do YOU think the markets will do next? Drop your take in the comments below!
#GrainMarkets #Corn #Soybeans #USDA #CropProgress #AgNews #BrazilCorn #Weather #Exports #FeederCattle #Farming
4.9
293293 ratings
Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube
Futures and options trading involves risk of loss and is not suitable for everyone.
0:00 Corn Ratings Improve
3:15 USDA Snoozefest
8:39 US Weather
10:19 Big Brazil Corn Crop
11:44 Cattle and Mexico Border
13:03 Grain Shipments
14:22 Flash Sale
๐ฝ Crop Conditions Improve! USDA Surprises & Brazil Corn Booms! ๐ฑ
๐ Welcome back! In this update, weโre diving into the latest crop condition ratings, trade surprises from the USDA, weather outlooks, and key developments out of Brazil and the southern US border. Letโs dig in! ๐๐
๐ฝ Corn Conditions Climb
National corn rated 73% good-to-excellent ๐ โ best since 2020!
Trade expected 70%โฆ surprise!
Only 5% of the crop is poor/very poor ๐ซ
๐ฑ Soybeans Steady
66% good-to-excellent, unchanged and above the 5-year average
๐ Futures Pressure
New crop corn flirting with fresh lows this morning as ratings improveโฆ
๐ USDA June 30th Report: Mostly a Snoozer
Corn acres: 95.2M vs. 95.3M est.
Soybean acres: 83.4M vs. 83.5M est.
Corn stocks in line โ
, soy and wheat stocks a touch high
๐ค๏ธ Weather Outlook
Dry week ahead, especially for central and eastern Corn Belt ๐ฅ
Western Iowa and Minnesota get the best rain
8โ14 day forecast looks wetter ๐ง๏ธ (Euro model more optimistic than GFS)
Heat stays for now, but relief may come next week ๐ก๏ธ
๐ง๐ท Brazil Corn Surprise
AgRural bumps total output to 130.6 MMT ๐
Safrinha corn: record 103.4 MMT
Harvest pace still behind last year (18% vs 49%) โณ
Big supply, but delays persistโฆ
๐ Feeder Cattle Border Reopens
USDA starts gradual reopening for Mexican imports ๐ฎ
First port: Douglas, AZโmore to follow
Screwworm progress equals cautious optimism
Market already supported by lowest herd since 1950s ๐ฅ
๐ข Export Inspections
Corn: 1.4 MMT down 9% vs last week, but +65% YoY
Soybeans: 224K MT, soft vs last year
Wheat: 434K MT, strong print! ๐ช
๐ฆ Flash Sale!
204,000 MT of soybean cake and meal sold to unknown destinations
๐ง Tap into the trends and donโt miss a beat โ subscribe for more updates!
๐ฌ What do YOU think the markets will do next? Drop your take in the comments below!
#GrainMarkets #Corn #Soybeans #USDA #CropProgress #AgNews #BrazilCorn #Weather #Exports #FeederCattle #Farming
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