Grain Markets and Other Stuff

Trump Throws Cold Water on US/China Optimism, Back to Trading Weather


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0:00 Corn Selloff
4:32 Trump Comments, US/UK Deal
5:45 Podcast News
9:06 Bunge and Andersons
10:39 Corteva
11:51 Ethaonl Production/Stocks
12:44 Fed Rates

📉 Corn Futures Slide Amid Trade Tensions & Weather Outlook 🌾
Corn prices dipped Wednesday as optimism over US–China trade talks gave way to fresh uncertainty. July25 corn futures settled near $4.49 per bushel, down 6 cents on the day. President Trump's refusal to lower tariffs ahead of upcoming negotiations with Beijing, combined with favorable US planting weather, pressured the market. Planting is already ahead of schedule—corn 40% and soybeans 30% complete.

🇨🇳 Tariff Talk Turns Tense
Trump made it clear: no tariff rollbacks before talks. With US and Chinese officials set to meet in Switzerland, the president doubled down on his hardline stance. Beijing isn't happy. Meanwhile, a US–UK trade deal could be announced today.

🎙️ Podcast Profits Soar
The podcasting industry is booming—$7.3 billion in 2024, more than double previous estimates! YouTube now dominates the space, with ad and subscription revenue leading the way.

📉 Grain Traders Feel the Heat
Bunge saw Q1 profits drop 40%, while Andersons posted disappointing revenue and a 10% stock dive. Ongoing tariff drama and unclear biofuel credits are taking a toll.

🌱 Corteva Sees Strong Seed Sales
Corteva beat earnings estimates with an $842M Q1 profit thanks to higher seed prices—especially in North America. However, global sales dipped 2% amid currency headwinds.
📊 Corteva financial chart below.

🛢️ Ethanol Production Slips Slightly
Weekly ethanol output came in at 1.02M barrels/day—down slightly from last week, but still strong year-over-year. Margins are improving, especially in the eastern Corn Belt.

🏦 Fed Holds Steady, Cites Uncertainty
The Federal Reserve left rates unchanged at 4.3%, resisting Trump’s calls for cuts. Powell cited rising inflation risks and economic fallout from trade tensions.
đź’¸ Stagflation fears and rate outlook in the chart section.

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#CornMarket #Tariffs #USChinaTrade #Ethanol #Corteva #PodcastBoom #FedUpdate #GrainPrices #FarmEconomy #Commodities

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Grain Markets and Other StuffBy Joe Vaclavik

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