Corn Futures Pop! Best Rally in 2 Months on China Rumors
Podcast:Grain Markets and Other Stuff Published On: Tue Sep 02 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.🌽📈 Corn & Soybean Futures RallyCorn and soybean futures ended Friday on a strong note! The Dec25 corn contract jumped about 10 cents to $4.20/bu—its best daily move since early July—while Nov25 soybeans gained 7 cents to $10.55/bu. Traders cited strong global demand, disease worries in the Corn Belt (tar spot & southern rust), and fresh chatter about Chinese buying. 🌏🇨🇳🌡️❄️ Weather WatchFrost risk later this week in Minnesota & Wisconsin 🌬️🥶Overnight GFS points to lows in the mid-30s Thursday & SaturdayAugust went down as one of the driest in 133 years for parts of OH, KY, IN, IL, MO & TN. 🌾☀️📜⚖️ Tariffs & TradeA federal appeals court struck down a large chunk of Trump’s tariffs, ruling he overstepped authority under IEEPA. The decision could force repayment of billions in duties and calls into question past trade deals. Appeals are already in motion, with a Supreme Court fight likely. 🇺🇸⚖️Meanwhile, China’s envoy Li Chenggang met with US officials in DC. No details released, but China is boosting soybean imports from Argentina & Uruguay—still no official new-crop US purchases. 🚢🌎🚜💰 Farm Progress Show RecapFarmers are under pressure: weak markets, rising input costs, sluggish soybean exports. Corn export sales remain solid, but soybeans lag badly without Chinese demand. Fertilizer & equipment costs continue to squeeze margins. Josh Linville joins today’s premium video to break down fertilizer prices. 🌱💸📊📉 Fund Flows (CFTC Data)Funds bought 4k corn, 21k soybeans & 17k SRW wheat contractsNet long in soybeans now largest since late June 🌟🇧🇷🌽 Brazil Crop UpdateAgRural reports 7% of first-crop corn was planted as of last Thursday, up 4% from the prior week. USDA projects 131 mmt this season. Hot & dry weather is still a factor, but rains are forecast next week to aid planting. 🌦️✅ Don’t forget to like 👍, subscribe 🔔, and drop your thoughts in the comments!Staying informed keeps you ahead of the markets. 📊🌎