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Futures and options trading involves risk of loss and is not suitable for everyone.
0:00 Corn Selloff
3:00 Corn and Soybean Planting Pace
7:04 Wheat Progress / Conditions
8:13 Russian Wheat Pricing
9:09 Tyson Slump
11:24 Grain Shipments
๐ Grain Markets Under Pressure! ๐ฝ๐พ๐ฅ
Corn futures took a dive Monday as fast US planting progress and favorable weather set a bearish tone. Jul25 corn dropped nearly 15ยข to $4.54. Traders are eyeing next weekโs USDA numbers and watching Brazilโs second crop flourish. ๐บ๐ธ๐ค๏ธ๐ง๐ท
๐ US Planting Progress ๐ฑ
Corn planting is 40% completeโslightly behind trade guesses but still ahead of average. Soybeans are at 30%, also ahead of normal pace. Drier weather this week should accelerate progress across the Corn Belt. ๐ฝ๐ฟ
๐พ Wheat Ratings & Progress ๐
Winter wheat condition improved to 51% good-excellent, beating expectations. Spring wheat planting also moved forward at 44% complete. Russia's new crop wheat offers are pressuring global markets as frost fears fade. ๐ท๐บ๐ง
๐ฅฉ Tyson Foods Tumbles ๐๐
Tyson shares sank despite a strong Q2 report, as beef sector losses mount. The US cowherd is at its smallest since 1961, driving cattle costs sky-high. Ranchers may finally be turning the corner on herd rebuilding. ๐ธ๐
๐ข Export Update ๐ข
US corn inspections dipped to 1.6mmt but remain solid YoY. Soybean and wheat inspections missed expectations, with both down sharply from last week. ๐๐
๐ Donโt forget to like, comment, and subscribe for more grain market updates!
4.9
293293 ratings
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 Corn Selloff
3:00 Corn and Soybean Planting Pace
7:04 Wheat Progress / Conditions
8:13 Russian Wheat Pricing
9:09 Tyson Slump
11:24 Grain Shipments
๐ Grain Markets Under Pressure! ๐ฝ๐พ๐ฅ
Corn futures took a dive Monday as fast US planting progress and favorable weather set a bearish tone. Jul25 corn dropped nearly 15ยข to $4.54. Traders are eyeing next weekโs USDA numbers and watching Brazilโs second crop flourish. ๐บ๐ธ๐ค๏ธ๐ง๐ท
๐ US Planting Progress ๐ฑ
Corn planting is 40% completeโslightly behind trade guesses but still ahead of average. Soybeans are at 30%, also ahead of normal pace. Drier weather this week should accelerate progress across the Corn Belt. ๐ฝ๐ฟ
๐พ Wheat Ratings & Progress ๐
Winter wheat condition improved to 51% good-excellent, beating expectations. Spring wheat planting also moved forward at 44% complete. Russia's new crop wheat offers are pressuring global markets as frost fears fade. ๐ท๐บ๐ง
๐ฅฉ Tyson Foods Tumbles ๐๐
Tyson shares sank despite a strong Q2 report, as beef sector losses mount. The US cowherd is at its smallest since 1961, driving cattle costs sky-high. Ranchers may finally be turning the corner on herd rebuilding. ๐ธ๐
๐ข Export Update ๐ข
US corn inspections dipped to 1.6mmt but remain solid YoY. Soybean and wheat inspections missed expectations, with both down sharply from last week. ๐๐
๐ Donโt forget to like, comment, and subscribe for more grain market updates!
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