Grain Markets and Other Stuff

Trump/Xi Call + Cattle All-Time Highs


Listen Later

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.

0:00 Soybean/Corn Price Action and Trump
5:24 US Weather
8:45 Cattle Prices Surge
11:46 Export Sales
14:19 Trade Deficit
16:37Jobless Claims

๐ŸŒฑ Soybeans Climb on Trade Hope
Soybean futures popped on Thursday! ๐Ÿ“ˆ The July25 contract gained nearly 7ยข, settling near $10.52 after a phone call between President Trump and President Xi reignited optimism around US-China trade talks. ๐Ÿค A face-to-face meeting could be next!

๐ŸŒพ Grains Mixed on Geopolitics
Chicago wheat added 2ยข ๐Ÿ“Š amid rising Ukraine-Russia tensions, while corn futures ticked higher ๐Ÿšœ but were capped by sluggish US export demand.

๐Ÿ”ฅ Drought Monitor Update
The Corn Belt stayed mostly dry last week, worsening drought in IA, IL, MO & WI. ๐ŸŒต But only 10% of the region remains in droughtโ€”down from 32% earlier this year! The High Plains got relief thanks to widespread rains. โ˜”
๐Ÿ“Š Current Drought Impact:
โ€ข Corn: 21%
โ€ข Soybeans: 16%
โ€ข Winter Wheat: 12%
โ€ข Spring Wheat: 19%
โ€ข Cattle: 21%

๐Ÿฎ Cattle Prices Hit Record Highs!
Feeder & live cattle contracts soared to new records! ๐Ÿš€ Front-month live cattle jumped $4.50 to $222.90, while feeders surged $5.28 to $309.15. Strong fat cattle prices, tight supplies & current feedlots = ๐Ÿ”ฅ fundamentals.

๐Ÿšข US Export Sales Recap
โ€ข ๐ŸŒฝ Corn: 37M bu โ€“ Up 3% W/W, Mexico top buyer
โ€ข ๐ŸŒฑ Soybeans: 7M bu โ€“ Up 33% W/W, Bangladesh top buyer
โ€ข ๐ŸŒพ Wheat (25/26): 16M bu โ€“ Down 37% W/W, unknown buyers dominate

๐Ÿ“‰ Record Drop in US Trade Deficit
The US trade gap fell by a record $76.7B in April, landing at $61.6B. ๐Ÿ“‰ Imports plunged 16.3% while exports rose 3% as businesses braced for tariffs. Biggest deficit drops came vs. China, the EU, and Vietnam. ๐ŸŒ

๐Ÿ“ˆ Jobless Claims Rise Again
Initial jobless claims rose to 247Kโ€”highest since October. ๐Ÿ“Š Continued claims dipped slightly but still sit above 2024 levels. Slowing hiring, trade anxiety, and lower consumer demand = labor market stress. ๐Ÿ˜ฌ

Donโ€™t forget to like & subscribe for real-time grain market updates! ๐Ÿ‘‡๐Ÿ’ฌ

...more
View all episodesView all episodes
Download on the App Store

Grain Markets and Other StuffBy Joe Vaclavik

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

293 ratings


More shows like Grain Markets and Other Stuff

View all
AgriTalk by AgriTalk

AgriTalk

145 Listeners

AgriTalk PM by Farm Journal Media

AgriTalk PM

132 Listeners

Boots In The Field Report by Ken Ferrie

Boots In The Field Report

40 Listeners

Ag PhD Radio on SiriusXM 147 by Ag PhD

Ag PhD Radio on SiriusXM 147

233 Listeners

Grains & Oilseeds with Craig Turner by Craig Turner and StoneX

Grains & Oilseeds with Craig Turner

32 Listeners

SharkFarmer Podcast by Rob Sharkey

SharkFarmer Podcast

365 Listeners

Future of Agriculture by Tim Hammerich

Future of Agriculture

257 Listeners

The Business of Agriculture Podcast by Damian Mason

The Business of Agriculture Podcast

118 Listeners

A Better Way To Farm Podcast by Rod Livesay

A Better Way To Farm Podcast

115 Listeners

The Ag View Pitch by The Ag View Pitch

The Ag View Pitch

49 Listeners

Farm4Profit Podcast by David Whitaker, Corey Hillebo, Tanner Winterhof

Farm4Profit Podcast

371 Listeners

Working Ranch Radio Show by Justin Mills

Working Ranch Radio Show

71 Listeners

Straight Forward Farming by Growincorn2020

Straight Forward Farming

954 Listeners

Barn Talk by This'll Do Farm

Barn Talk

1,571 Listeners

XtremeAg: Cutting The Curve Podcast by XtremeAg

XtremeAg: Cutting The Curve Podcast

24 Listeners