Grain Markets and Other Stuff

Friendly USDA Report: Why Can't Corn Rally??


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0:00 Corn Struggles
4:43 Soybeans Rally
6:08 Wheat Sucks
9:08 Planting Progress
11:25 Wheat Ratings
12:46 Mexican Feeder Cattle Suspension
13:54 Stock Market Rally
15:50 Shipments
16:59 Flash Sale

πŸ“Š USDA Report Recap + Tariff Talk + Market Reactions πŸŒ½πŸ“ˆ

🚨 Monday's USDA report brought friendly corn news, a soybean rally, and wheat pressure β€” but markets didn’t act like it. Here's what happened:

🌽 Corn Check-In
USDA cut ending stocks for the current year thanks to higher exports βœ…
New crop balance sheet came in tighter than expected πŸ“‰
But corn still traded lower this morning 🀷

🫘 Soybean Surge
July β€˜25 beans jumped nearly 20Β’ πŸš€
Support from US-China tariff reduction & tighter supply estimates πŸ“‰
Ending stocks now the 2nd lowest since β€˜12/’13 πŸ”₯

🌾 Wheat Woes
Chicago wheat hit a new contract low ❌
USDA boosted both US & global ending stocks πŸ“ˆ
Rain across the Plains = improving crop conditions 🌧️

🌱 Planting Progress
Corn: 62% planted nationally 🌽
Beans: 48% planted 🫘
Several states moving fast, others still behind ⏱️

πŸͺ² Feeder Cattle Suspension
USDA halts Mexican feeder cattle imports due to New World screwworm πŸš«πŸ›
Cattle futures πŸš€ on the news
Mexico calls move β€œunfair” πŸ‡²πŸ‡½

πŸ“‰ Export Update
Corn exports dipped but still solid πŸ“¦
Soybean and wheat shipments mixed πŸ“¬
USDA also announced a flash soybean sale to Mexico πŸ‡²πŸ‡½

πŸ’Ό Market Rally!
S&P 500, Nasdaq, and Dow all jumped πŸ“ˆ
US-China slash tariffs for 90 days πŸ›ƒ
Traders now see fewer Fed rate cuts this year πŸ’°

πŸ’¬ Drop your thoughts in the comments & don’t forget to subscribe for more ag market updates! πŸ“²

#USDA #Corn #Soybeans #Wheat #Tariffs #GrainMarkets #FarmNews #Cattle #AgTrade #MarketUpdate #CropProgress #Commodities #Farming #AgNews

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Grain Markets and Other StuffBy Joe Vaclavik

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