Wheat Futures Tumble + Summer E15 Ethanol
Wheat Futures Tumble + Summer E15 Ethanol  
Podcast: Grain Markets and Other Stuff
Published On: Tue Apr 29 2025
Description: Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Wheat Futures Fall3:50 Summer E157:36 Corn and Soybean Planting9:15 US Wheat Update10:03 China Comments11:32 Grain Shipments are Strong12:19 Screwworm Update🌾 Wheat Futures Tumble Amid Plains Rainfall! 🌧️Big moves in the grain markets to kick off the week! Here's what's happening: 👇🌾 Wheat UpdateSRW wheat fell 14¢ to $5.31/bu. 📉HRW wheat dropped 11¢ to $5.40/bu. 📉Heavy rainfall in Texas & Oklahoma (6–8 inches possible!) forecasted 🌦️🌽 Corn & Soybeans SteadyFutures mostly flat as traders watch for export disruptions from Trump's China trade war ⚖️⛽ Nationwide E15 Sales ApprovedEmergency EPA waiver greenlights E15 sales this summer. 🚗💨Analysts expect little impact on corn demand. 📊🌱 Planting ProgressCorn planting: 24% complete vs. 22% avg. 🌽Soybean planting: 18% complete vs. 12% avg. 🌱🌾 Winter Wheat Ratings Improve49% good-excellent, beating analyst expectations ✅Spring wheat planting also ahead of average. 📈🌍 China Shifts Away from US GrainRecord soybean imports from South America expected 📦Some disruptions after Brazil harvest delays ⏳🚢 Export InspectionsCorn inspections strong at 1.6mmt 🚢Wheat and soybean shipments mixed. 📦🐄 US-Mexico Screwworm AgreementBorder closure on feeder cattle imports avoided ✅Threat averted that could've tightened cattle supplies further. 🚜👇 Don't forget to LIKE, COMMENT, and SUBSCRIBE for your daily grain market updates!