Grain Markets and Other Stuff

US Court Deems Trump Tariffs Illegal, Market Impact?? + US Weather


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0:00 Tariffs Ruled Illegal
2:55 Row Crop Selloff
4:19 US Weather
8:28 US/China Chip Tensions
9:42 India Won't Import Wheat
10:55 Screwworm and Cattle Impact

๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“‰ Trumpโ€™s Tariffs BLOCKED by U.S. Court! Markets React! ๐Ÿ“ˆ๐ŸŒพ

A U.S. trade court just delivered a major blow to President Trumpโ€™s global tariff strategy. ๐Ÿง‘โ€โš–๏ธ๐Ÿ“œ On Wednesday, the Court of International Trade ruled that Trump illegally used emergency powers to impose tariffs โ€” a setback for his economic agenda. The Trump team has already filed an appeal. Meanwhile, the markets are on the move! ๐Ÿ“Š

๐Ÿ“ˆ Market Reaction & Futures Update
๐Ÿ‘‰ S&P 500 futures surged 1.5% early this morning!
๐Ÿ‘‰ Corn and soybean futures? Mixed bag! ๐ŸŒฝ๐Ÿ“‰
โžก๏ธ Corn dropped 9ยข to $4.51
โžก๏ธ Soybeans fell 14ยข to $10.49
๐ŸŒพ Wheat futures ticked higher as crop ratings disappointed.

โ˜” Weather Wildcards in the Corn Belt
Rainfall outlooks from the Euro ๐ŸŒ and GFS ๐ŸŒŽ models remain all over the map! The West may turn drier per GFS, while the East could see reduced rain per the Euro. Iowa, Nebraska, and SD are key watch areas! ๐ŸŒง๏ธโ“

๐Ÿ’ป New US-China Chip Tensions
The Commerce Dept. is now blocking high-tech chip design tools from reaching China ๐Ÿ‡จ๐Ÿ‡ณ๐Ÿ’ฅโ€” a direct hit on AI ambitions. Could this unravel the current tariff truce?

๐ŸŒพ Indiaโ€™s Wheat Surprise
India says โ€œno thanksโ€ to wheat imports this year with a record harvest of 115.4 MMT! ๐ŸŒพโœ… Strong prices, great weather, and improved seeds have made all the difference.

๐Ÿฎ Feeder Cattle Imports May Resume
USDA plans to restart Mexican cattle imports ๐Ÿ‚ by yearโ€™s endโ€”halted due to screwworm threats. A false scare in Missouri briefly rattled markets earlier this week! ๐Ÿšจ

๐Ÿ‘‡ Donโ€™t forget to **like, subscribe, and drop your thoughts in the comments!**๐Ÿ‘‡


#Tariffs #GrainMarkets #WeatherOutlook #ChipWar #Wheat #Cattle #TrumpTariffs #FarmNews #MarketUpdate ๐ŸŒฝ๐Ÿ“‰๐Ÿ“ˆ

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Grain Markets and Other StuffBy Joe Vaclavik

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