Record Corn Yield in Illinois?? Scouts Say "Not So Fast"
Record Corn Yield in Illinois?? Scouts Say "Not So Fast"  
Podcast: Grain Markets and Other Stuff
Published On: Thu Aug 21 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 Crop Tour Update4:21 CME / Fanduel Casino7:32 Russia Wheat Update10:21 Cattle Surge Again12:14 Fed Minutes13:59 Ethanol Production14:46 Flash Sale🌽 Pro Farmer Crop Tour – Big Updates! 🌱The tour released results from Illinois and western Iowa:Illinois corn came in at 199.6 bpa, the 2nd-highest in tour history, just shy of last year. 🌽Soybeans set a new record for pod counts, up 4.2% vs. last year. 🌱Western Iowa crops look strong, with corn yields 10% above the 3-year avg. and soybean pod counts up 18%! 🚜But disease concerns could still limit final yield potential.📊 Markets Meet Gambling?FanDuel is teaming up with CME to launch regulated betting contracts tied to:S&P 500, Nasdaq, oil, gas, gold, crypto 💹Key economic indicators like GDP & CPI 📈Founders of the CBOT (1848) might be rolling in their graves over this one…🌾 Global Wheat WatchSovecon raised Russia’s wheat crop outlook to 85.4mmt 🌍. Good weather in Siberia & the Urals boosted yields, but export logistics remain a challenge.🐂 Cattle Rally ContinuesCattle futures hit new highs as supplies remain tight and demand strong. USDA says no to Mexican feeder imports due to disease risk. Beef values hold near record levels. 🥩💵 Fed vs. InflationFed officials see inflation (fueled by tariffs) as the bigger risk vs. jobs. Rates stay at 4.3%, unemployment is up to 4.2%, and inflation just hit a 3-year high. ⚖️⛽ Ethanol SnapshotOutput: 1.07M bpd (down 2% on the week)Stocks: 22.69M barrelsMargins remain strong thanks to cheap corn. 🌽🚢 US Export SalesUS exporters reported new corn sales:100k mt to Colombia 🇨🇴125k mt to Mexico 🇲🇽👉 Stay tuned for charts, graphics, and deeper breakdowns in the corn 🌽, soybean 🌱, wheat 🌾, and cattle 🐂 sections below!🔥 Don’t forget to subscribe & drop a comment with your take on these market moves!