Why Did Corn Futures TUMBLE on Monday??
Why Did Corn Futures TUMBLE on Monday??  
Podcast: Grain Markets and Other Stuff
Published On: Tue Jun 10 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 Corn Tumbles1:58 Too Much Rain for a Rally6:24 Crop Progress & Conditions9:36 Brazil Corn Update11:04 US/China Talks12:13 Grain Shipments🌽 Corn Futures Drop Amid Bearish Weather & Export Concerns 🌧️📉📉 Market MovesCorn futures fell sharply on Monday!• July '25 dropped 9¢ to ~$4.34• Dec '25 dropped 11¢ to ~$4.38Pressure came from a bearish US weather outlook and slowing export demand as Brazil’s second crop harvest ramps up. Private estimates peg fund net short positions at 125k contracts. 📊🌦️ Weather WatchRain returns later this week for parts of SD, MN, IA & WI, with widespread moisture expected in the 5–10 day outlook. Over the last 14 days, Corn Belt rainfall hit 107% of normal. CropProphet data suggests the drought threat is shrinking—but remember, July is still critical for corn yield! 🌧️🌽🚜 Crop ConditionsUS corn: 71% good/excellent, up from 69%Soybeans: 68% good/excellent, slightly better than last weekWinter wheat: 54% good/excellent, best since 2019Spring wheat: 53% good/excellent, rising for the second week🌎 Brazil Harvest UpdateBrazil’s 2nd crop corn harvest is off to the slowest start since 2021—only 1.9% complete. Excess rain and late planting continue to delay progress. 🤝 US-China Trade TalksTalks extend into Day 2! Discussions center on export controls and rare earth minerals. The US may ease tech export restrictions in exchange for more mineral access from China. Officials described the mood as constructive. 🌐🚢 Export Inspection Data• Corn: 1.7 MMT—up 1% vs. last week, 24% YoY• Soybeans: 547k MT—up 81% WoW, 134% YoY• Wheat: 291k MT—down, but early in the marketing year👍 Don’t forget to like, comment, and subscribe for more grain market updates!