Can't Get a Flash Sale Right?? Cut the Budget! (USDA)
Can't Get a Flash Sale Right?? Cut the Budget! (USDA)  
Podcast: Grain Markets and Other Stuff
Published On: Fri Jul 25 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 Sun's Out, Guns Out0:30 Flash Sale Fiasco2:08 USDA Cuts5:32 US Weather9:07 Export Sales12:40 North Dakota Wheat📢 USDA FLASH SALES SHAKE UP THE CORN MARKET! 🌽📊🔥 Big news hit the wire Thursday as USDA reported multiple flash sales of US corn!💥 135,000mt (5 mil bu) went to South Korea—after an initial (and incorrect) announcement that China was the buyer, sparking a brief rally.🌍 Another 284,196mt (11 mil bu) of corn was sold to unknown destinations. Export action is heating up!🏢 USDA RELOCATION PLAN: BIG SHAKEUP IN DC! 🏛️➡️🏞️The USDA will relocate 2,600+ employees from Washington to cities like Raleigh, KC, Indy, Fort Collins & Salt Lake City.🏗️ Several DC buildings will be vacated.📉 Critics warn of reduced agency effectiveness, while supporters say it’ll bring USDA closer to farmers.📊 This move includes a NASS consolidation, affecting reports on:🌽 Crop production📏 Acreage🐮 Cattle on feed❄️ Cold storage🌾 Grain stocks & more!🌧️ DROUGHT IMPROVEMENTS ACROSS THE CORN BELT! 🌽💦💧 Missouri is now entirely drought-free!🌦️ Heavy rains in IL, IN, KY, and MO improved conditions across much of the Midwest.📉 Drought by crop area:Corn: 9%Soybeans: 8%Winter Wheat: 31%Spring Wheat: 43%Cattle: 15%🌾 NORTH DAKOTA SPRING WHEAT YIELDS MISS USDA TARGETS! 📉🚜 After 3 days of field surveys, scouts peg ND yields at 49 bpa, far below the USDA’s 59 bpa estimate.🌦️ Rain helped some areas, but northern drought weighs on the average.📉 Sep25 spring wheat contract hit new lows this week.📈 EXPORT SALES SNAPSHOT 🌎Corn: 📈 643,100mt (25 mil bu) – Rebound from last week!Soybeans: 📉 160,900mt (6 mil bu) – Down sharply from recent weeksWheat: 🚀 712,200mt (26 mil bu) – Blew past expectations!Top Buyers:🇲🇽 Mexico (corn)🇳🇱 Netherlands (soybeans)🇮🇩 Indonesia (wheat)