"China, Get the Hell Out of American Agriculture!!" - US Senator
"China, Get the Hell Out of American Agriculture!!" - US Senator  
Podcast: Grain Markets and Other Stuff
Published On: Wed Jul 09 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 China, Get the Hell Out!3:58 Tuesday Selloff7:52 Brazil Export Problems9:09 Tariff Update10:38 Wheat Purchase Agreements11:47 Flash Sales🎯 US Cracks Down on Foreign Farmland Ownership + Grain Market Movers! 🌽📉🌎🚨 National Farm Security Alert!The Trump administration is taking major steps to restrict foreign ownership of U.S. farmland—especially from China 🇨🇳. Under the new National Farm Security Action Plan, the USDA will team up with state leaders and the Treasury Department to review land purchases more closely. Fines for false or late filings will jump to 25% 💰. In 2023, foreign ownership rose to 45 million acres—but less than 1% is held by China. 🌽 Corn Futures Slide AgainCorn prices dropped for the second day as the Dec25 contract settled near $4.14/bu. The USDA crop report showed 74% of corn is rated good-to-excellent—the best for this week since 2018! A mild forecast with scattered rains is keeping crop stress low and boosting yield outlooks 📊.🇧🇷 Brazilian Corn Faces Export JamsBrazil's corn exports are up 📈, but soybeans may clog the ports. China is buying big on beans, but is pulling back on corn after a strong domestic crop. Brazil will have to turn to Iran, Egypt, and Vietnam to make up the gap—but those markets won’t match China’s demand.📦 Trump's Tariff Clock Is TickingTrump says no more extensions—his reciprocal tariffs hit Aug 1. Copper will face a 50% tariff, causing a historic price spike 📈🪙. Imported drugs could see 200% tariffs unless production shifts to the US. More sectors may follow: semiconductors, metals, and more.🌾 Indonesia Locks in US Wheat DealTo secure a trade agreement, Indonesia will purchase $1.25B in US wheat through 2030. This year’s target: 800,000mt—up 8% YoY 📄. Future annual buys will rise to 1mmt. Wheat still makes up a small portion of Indonesia’s total grain imports, but more deals on corn and soybeans could follow!🚢 Flash Sales!The USDA announced:• 📦 144,000mt soybean meal to 🇵🇭 Philippines• 🌽 112,776mt (4M bushels) of corn to 🇲🇽 MexicoDon’t forget to like, comment, and subscribe to stay on top of all the latest ag policy, weather, and market news! 📺✅