Grain Markets and Other Stuff

Planting is Ahead of Schedule - Western Corn Belt to Remain Dry??


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0:00 US Weather Update
2:25 US Crop Progress
6:51 Argentina Flooding
10:09 China is Chirping
11:21 Corn Shipments are Strong
13:07 Meal Flash Sale

๐ŸŒฝ Storms, Planting Progress & Global Trade Tensions! ๐ŸŒง๏ธ๐Ÿ“ˆ๐ŸŒŽ

Radar is lit up across the ๐ŸŒฝ Corn Belt this morning! A large storm system is bringing rain to MN, IA, WI, IL, and IN, with more moisture expected over the next 16 days ๐ŸŒง๏ธ๐ŸŒ€. Recent rainfall has favored parts of the Dakotas, NE, IA, and the mid-South.ย 

๐ŸŒฑ Planting Progress ๐Ÿšœ
Corn and soybean planting is flying ahead of the five-year average! Corn is 78% planted, while soybeans are 66% completeโ€”the second-fastest pace in 10 years! ๐Ÿƒโ€โ™‚๏ธ๐Ÿ’จ Some states are nearly done, while others still lag behind.ย 

๐ŸŒพ Wheat Ratings & Spring Progress ๐ŸŒผ
Winter wheat ratings slipped to 52% good-excellentโ€”lower than expected but still better than last year. Spring wheat planting is surging ahead at 82%, beating both last week's and average pace! ๐Ÿ“ˆ

๐Ÿ‡ฆ๐Ÿ‡ท Argentina Crop Concerns ๐ŸŒง๏ธ
Heavy rains are threatening soybean yields in Argentina, the worldโ€™s top exporter of soybean meal and oil. With harvest delays and 1.8 million acres still in the field, losses could mount fast. So far, markets havenโ€™t blinked ๐Ÿ‘€.

๐Ÿ‡จ๐Ÿ‡ณ China-US Trade Clash ๐Ÿ’ฅ
Tensions rise again: China accuses the US of derailing trade talks over AI chip sanctions tied to Huawei. The warning could undercut recent progress made in Switzerland. ๐Ÿค–๐Ÿšซ๐Ÿ‡บ๐Ÿ‡ธ

๐Ÿšข Weekly Exports Update ๐Ÿ“ฆ
๐Ÿ“ฆ Corn: 1.7mmt shipped, up big from last week
๐Ÿ“ฆ Soybeans: Missed expectations
๐Ÿ“ฆ Wheat: Strong performance, +85% YoY!
Plus, a flash sale of 145,000mt of soybean cake & meal to the Philippines makes headlines. ๐Ÿ“ข

๐Ÿ”” Subscribe for daily insights & drop a comment with your planting progress or market thoughts! Letโ€™s talk grain! ๐ŸŒฝ๐Ÿ“Š๐Ÿ—ฃ๏ธ

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Grain Markets and Other StuffBy Joe Vaclavik

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