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.

💰 US Farm Aid Update
The Trump administration is set to announce a $10–15 billion farm aid package this week to help farmers hit by the trade war. 🌽🇺🇸 The ongoing government shutdown could make approval tricky, and existing funds may not be enough to cover the full payout. Last week, Treasury Secretary Scott Bessent confirmed the package would be unveiled soon. During Trump’s first term, over $23 billion was provided to offset trade losses, and even without the new aid, U.S. farmers are already set to receive more than $40 billion this year. 📈

📊 US Crop Progress
The USDA’s weekly crop report wasn’t released on Monday due to the government shutdown. Analysts estimate the corn harvest is about 30% complete, up from 18% last week, while the soybean harvest is around 35%, compared with 19% a week earlier. Dry conditions last week helped farmers wrap up soybeans and move on to corn. This week’s forecast calls for mostly dry weather across the Corn Belt, except in Ohio and Kentucky, where significant rainfall is expected. Temperatures are projected to stay above average. 🌽🌱

🚢 US Exports
US corn shipments reached 1.6 MMT (63M bushels) for the week ending October 2, hitting a marketing-year high and up 69% from last year. Soybean exports totaled 768,117 MT (28M bushels), up 26% from last week but down 53% from the same week last year, highlighting the absence of Chinese purchases. Wheat shipments came in at 505,096 MT (19M bushels), down 43% from the prior week but 38% above last year. 📦

🌱 Brazilian Planting
Soybean planting in Brazil is moving quickly. AgRural reports 9% of the crop planted as of last Thursday, up from 3% the previous week and 4% last year—the second-fastest pace on record for this date. Brazil’s first corn crop is 40% planted, compared with 37% last year, marking the fastest start since 2012/2013. 🇧🇷🌾

🤝 US-Brazil trade tensions may be easing
After a 30-minute call on Monday, President Trump and Brazilian President Lula da Silva agreed to meet soon. Discussions focused on economic relations, with Lula requesting the removal of US tariffs on Brazilian goods and sanctions on top officials. US tariffs, including a 50% levy, have hit key exports like coffee (down 70% to the US) and beef. ☕🥩

🐄 New World Screwworm Alert
A new case of New World screwworm was confirmed about 170 miles south of the US-Mexico border in Nuevo León, marking the state’s second detection in two weeks. USDA Secretary Brooke Rollins said the case is isolated and unrelated to the previous one. The news has supported cattle futures, as the border is expected to remain closed, keeping feeder cattle supplies tight.

📈 Stay Informed
Subscribe to the channel and turn on notifications so you don’t miss f