Grain Markets and Other Stuff

Rug Pull: ADM Slashes Cash Soybean Bid


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0:00 ADM Rug Pull
3:17 Kim Reynolds and Eminent Domain
4:39 US Weather
5:53 USDA Preview
8:46 Record Ethanol Production
10:00 Weaker Dollar?
11:30 US/China

🌱 Soybean Bids Crash in the Midwest!
Cash soybean prices took a nosedive in Illinois. 😳 ADM’s Decatur location slashed bids by 65¢ and flipped from July25 to Nov25 futures with a negative basis. Other processors quickly followed. ADM says they’ve got plenty of beans and expect a big crop 🌾. 

🚫 Iowa Eminent Domain Bill Vetoed
Gov. Kim Reynolds vetoed a bill limiting eminent domain for carbon pipelines. Critics say she sided with big donors over landowners 💰🚜. The move angered Republicans and sparked calls for a special session. Will it happen? 🤔

🌧️ Corn Belt Weather Whiplash
The GFS outlook just flipped again! Wetter in the short term, but drier in the 8-14 day range ⛅. CropProphet pegs corn belt rain at 116% of normal early, then just 72% next week. Market? Still yawning 😴. 

📊 USDA Report Incoming
Today’s WASDE 📉 drops at 11am CST. Traders expect lower US corn ending stocks due to higher exports. No big moves expected for soybeans or wheat. Watch for Brazil corn surprises 🌽👀. 

🍻 Ethanol Production Hits Record High
US ethanol output surged to an all-time high last week 🚀. Stocks dropped to late-December levels, and margins improved 💵. Could this support corn prices? 

💵 Paul Tudor Jones: USD to Slide?
Legendary investor Paul Tudor Jones sees the US dollar falling 10% over the next year 📉. He cites a steeper yield curve and a possible dovish Fed under Trump’s next pick. The dollar index is already down nearly 8% YTD 😬.

🤝 New US-China Trade Deal
China will ship more rare earths & magnets ⚙️. In return, the US will ease some export controls and allow more Chinese students. But Trump’s 55% tariff on Chinese goods stays in place 📦🇨🇳. Final approval still pending!

👇 Don’t forget to like, subscribe, and drop your thoughts in the comments!
📢 Stay tuned for WASDE updates and more market analysis!

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Grain Markets and Other StuffBy Joe Vaclavik

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