Soybean Rally and Midwest Heat
Soybean Rally and Midwest Heat  
Podcast: Grain Markets and Other Stuff
Published On: Fri Jul 18 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 Intro0:47 Soy Rally3:05 Drought / Overnight Lows10:30 Export Sales13:07 Fertilizer Update15:52 SAF Plant18:35 S&P 500 Record🎥 Soybeans Surge, Droughts Ease, and Fertilizer Wars Begin! 🌱💥📈🔥 BIG moves in the grain markets this week! Here's what you need to know:🌾 Soybean Rally 🚀The Nov25 soybean contract jumped from $10.07 to around $10.40! Much of the rally is thanks to soaring soybean oil futures, which hit their best levels since Sept '23. 📊 Optimism around Renewable Volume Obligations (RVOs) is keeping the bulls active. 🌱 Corn and soybean oil futures are sharply higher too.🌧️ Drought Monitor Update 🌎Last week’s rains brought some relief! ⛈️💧 Iowa, Illinois & Missouri received more than 200% of normal rainfall!✔️ Drought conditions improved in:Northern IllinoisNortheast MissouriSouthern IndianaParts of Iowa, Minnesota, South Dakota & NebraskaCorn: 9% in droughtSoybeans: 7%Winter wheat: 30%Spring wheat: 36%Cattle country: 15% 🐄📉 Disappointing Export SalesUS export sales stumbled last week:❌ Corn: Just 97,600 mt—a marketing year low 😬❌ Soybeans: 271,900 mt—weak numbers 😕✅ Wheat: 494,400 mt—down from last week but better than the 4-week average🇷🇺 Russia Targets Fertilizer Expansion 🌍Russia wants to grow its global fertilizer share from 20% to 25% by 2030, focusing on BRICS nations 🌐⛔️ EU tariffs are pushing Russian supply elsewhere🧪 BRICS = nearly half of global fertilizer demand✈️ Sustainable Aviation Fuel (SAF) Takes Off 🛫The world’s first SAF plant is expected to start in Georgia by late Sept💰 $200M LanzaJet facility will begin using Brazilian sugarcane ethanol (not 45Z eligible)🇺🇸 US ethanol will be used later—once it meets the 50% GHG reduction threshold🛢️ LanzaJet is pushing to lower the threshold to 30% for more flexibility📈 Stock Market Soars 📊The S&P 500 hit a record high!🛍️ Strong retail sales📉 Declining jobless claims💵 Stablecoin bill passed💲 US dollar on fire 🔥🏦 Rate cuts still expected despite Powell uncertainty💬 Drop your thoughts in the comments & don’t forget to LIKE & SUBSCRIBE!🔔 Stay updated on everything from beans to the big board!