EU Deforestation Laws and Grain Exports + Corn Belt Rains
EU Deforestation Laws and Grain Exports + Corn Belt Rains  
Podcast: Grain Markets and Other Stuff
Published On: Thu May 01 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 EU Deforestation Law Impact2:56 Corn Belt Rains4:48 GDP Contraction8:46 China PMI9:46 Ethanol Production10:50 Flash Sale🪵 EU’s New Deforestation Law 🌍The 🇪🇺 EU is set to label the 🇺🇸 US as low-risk under its deforestation law, easing concerns for American exporters of beef, grain, and timber. Meanwhile, 🇧🇷 Brazil is expected to be tagged standard-risk, which could hurt its soy and beef exports. A final vote is coming mid-May!🌧️ Radar Watch: Corn Belt Rains 🌽Storms are active across parts of IA, IL, MN, MI & IN this morning, with 2–3" possible in IL. More rain is on the way for the Eastern Corn Belt and Mid-South. US planting remains ahead of schedule — see maps below! 🚜📉 US GDP Shrinks in Q1 🇺🇸The US economy contracted 0.3% last quarter — the first dip since 2022. A surge in imports (ahead of Trump’s tariffs), weak consumer spending, and a drop in government outlays all played a role. Net exports shaved off nearly 5% from GDP, the worst since 1947! 😳🏭 China’s PMI Falls Below 50 🐉China’s manufacturing slipped back into contraction territory with a 49.0 PMI reading. Ongoing US-China tensions continue to weigh on trade and exports. Beijing may soon unveil new stimulus efforts. 📉🛢️ Ethanol Update: Margins Near Breakeven 🍶US ethanol output rose to 1.04M bpd last week. Stocks dipped slightly but remain elevated. Margins are tight, with the Eastern Corn Belt reporting the best profitability. ⚗️🚢 Corn Flash Sale + Export Strength 🌎US exporters booked 120,000 MT of corn to unknown destinations for 24/25. Accumulated sales are up 26% YoY! With Brazil on hold until July, US corn is HOT on the world stage. 🔥Stay informed and make better marketing decisions with the data that matters. 💼📈👉 Subscribe for more ag updates💬 Drop your thoughts in the comments — what do YOU think about the new EU rules?👍 Like, share & follow for the latest!