Western Corn Belt Rain Expected: Bearish Grain Prices??
Podcast:Grain Markets and Other Stuff Published On: Wed May 14 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 US Weather3:42 Biofuel and Tax Bill5:41 Iowa Eminent Domain8:54 US Loses Soy Market Share10:54 China Soybean Import Forecast12:13 Inflation Update🌽☔ Widespread Rain in the Corn Belt + Biofuels Shakeup, China Trade Jitters & Inflation Update! 📉🛢️🌍🌧️ Weather Watch:A major rain event is unfolding across the US Corn Belt! Western ND/SD are already getting soaked, with more rain arriving in the eastern Corn Belt by Friday. The next 5-16 days could bring showers to even the driest spots! 💧🌽 🛢️ 45Z Tax Credit Overhaul:Big news from Washington! Proposed changes to the 45Z credit could boost rural jobs and spark biofuel innovation 🚜⚡—but also shake up feedstock sourcing 🌎. Chinese used cooking oil may be out, and soybean oil markets are reacting! 📈🛣️ Iowa Battles Carbon Pipelines:The Iowa Senate passed a bill tightening rules on eminent domain for carbon pipelines 🚫🛢️. It could slow down Summit Carbon’s $8.9B project. The bill now heads to Governor Reynolds’ desk. 🖊️🇨🇳 Brazil Soybean Advantage Continues:Despite US-China tariff cuts, Brazil stays king 👑 in China’s soybean market thanks to no tariffs and a monster crop. US beans still face a 10% tariff, and farmers say the trade truce doesn’t fix long-term problems. 📉 China Soybean Imports Falling:China expects soybean imports to drop 2.8% next season, with domestic production climbing 🐖🌱. Reduced soymeal use in livestock feed is driving the shift. 📉📊 Inflation Hits 4-Year Low!CPI rose just 2.3% YoY in April—the lowest since Feb 2021! 🙌 Markets rallied, and Treasury traders now expect two Fed rate cuts in 2025. ✅ Subscribe for updates💬 Drop your thoughts in the comments🔔 Hit the bell to stay ahead of the markets!