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Futures and options trading involves risk of loss and is not suitable for everyone.

0:00 "Make Argentina Great Again"
5:30 China Talks Soybeans
6:12 Production Cost Task Force
9:03 Day Trading is Stupid
11:23 Ethanol Production
12:23 Flash Sales

🇺🇸💰 US to Provide $20B Swap Line to Argentina
Washington is stepping in with a $20 billion swap line and potential bond purchases to help stabilize Argentina’s peso ahead of midterms. The peso and Argentine markets rallied on the news, but economists warn that true stability will require deeper reforms. 

🌾 Argentina Export Taxes Return
After just two days, Argentina hit its $7B cap on tax-free grain and soybean exports. The government has now reinstated the suspended export tax. China bought at least 20 cargoes of Argentine soybeans during the window.

🎉 NY Gala & Milei Recognition
US Treasury Secretary Scott Bessent praised President Javier Milei at a gala in New York, saying Milei is working to “make Argentina great again.”

🇨🇳 China Pressures US on Tariffs
China’s commerce ministry urged the US to drop tariffs if it wants to expand soybean trade. Despite meetings with US Midwest leaders, China has yet to book US beans this marketing year.

🌽 Corn Growers Task Force
The National Corn Growers Association launched a task force to address farm profitability and rising costs. Farmers are now facing their third year of negative returns, with a fourth expected in 2026. 

📈 Day Trading Rule Change
Regulators plan to scrap the $25,000 minimum for pattern day trading. The new intraday margin rule will tie buying power to positions instead. Applies only to equities, not commodities. 

🍶 Ethanol Update
US ethanol output dropped to 1.02M bpd last week, down 2.9% on the week. Stocks are high, but margins remain positive across the Corn Belt. Charts below.

🚢 USDA Flash Sales
Exporters reported fresh sales of soybean meal to Guatemala and corn to Mexico for 2025/26 delivery.