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China Blinks: Tariff Exemptions on Some US Imports

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Manage episode 478994826 series 2864038
Content provided by Joe Vaclavik. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Vaclavik or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube
Futures and options trading involves risk of loss and is not suitable for everyone.

🇨🇳 China’s Trade Shift?
Beijing may exempt some US goods from tariffs! A task force led by China’s Ministry of Commerce is compiling a list—rumored to include 131 product categories—but no official word yet. This could signal growing concern about trade war impacts. Bloomberg & Reuters both confirm the buzz 📊
🌱 Soybean Prices Surge
Soybean futures climbed for the 4th day in a row, hitting $10.62/bu on July25! Traders are hopeful about rising global demand and easing US-China tensions. Japan is reportedly eyeing more US soybeans, and soybean oil gains added support 🚀
🐖 China Cancels Pork Orders
China just made its largest US pork cancellation since 2020—pulling 20,000mt! Tariffs on pork are now a staggering 172%, and beef faces a 147% rate. 🇺🇸🇨🇳 Meat exports are definitely in the crosshairs of the trade fight 🥩
🌽 Brazil’s Corn Crunch
Brazil’s ethanol output from corn is exploding—set to hit 8.25 billion liters this year and more next! That’s tightening domestic corn supplies and may reduce Brazil’s exports… a potential win for US corn competitiveness 💪
📉 Grain Exports Slump
US corn sales dropped 26% on the week, soybeans fell 50%, and wheat saw net reductions 😬. Buyers were Japan (corn), Mexico (soybeans), and Vietnam (wheat). The export scene’s getting tougher.
🔥 Drought Update
Some relief! 🌧️ Drought eased in Missouri, Iowa, and parts of Illinois and Minnesota. But corn, soybeans, and wheat still face stress across big portions of the US 🌾
Corn: 26% in drought
Soybeans: 21%
Winter Wheat: 33%
Spring Wheat: 49%
Cattle areas: 37%
📊 Stock Market Rebounds
Markets popped Thursday as Trump’s softer trade tone gave investors hope. But China says talks haven’t started, so stay tuned… 📉 The S&P 500 is still down 3.3% since April 2.
👉 Like, comment, and subscribe for more timely grain market updates.
Stay informed. Stay ahead. 💡

  continue reading

1436 episodes

Artwork
iconShare
 
Manage episode 478994826 series 2864038
Content provided by Joe Vaclavik. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Joe Vaclavik or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

Joe's Premium Subscription: www.standardgrain.com
Grain Markets and Other Stuff Links-
Apple Podcasts
Spotify
TikTok
YouTube
Futures and options trading involves risk of loss and is not suitable for everyone.

🇨🇳 China’s Trade Shift?
Beijing may exempt some US goods from tariffs! A task force led by China’s Ministry of Commerce is compiling a list—rumored to include 131 product categories—but no official word yet. This could signal growing concern about trade war impacts. Bloomberg & Reuters both confirm the buzz 📊
🌱 Soybean Prices Surge
Soybean futures climbed for the 4th day in a row, hitting $10.62/bu on July25! Traders are hopeful about rising global demand and easing US-China tensions. Japan is reportedly eyeing more US soybeans, and soybean oil gains added support 🚀
🐖 China Cancels Pork Orders
China just made its largest US pork cancellation since 2020—pulling 20,000mt! Tariffs on pork are now a staggering 172%, and beef faces a 147% rate. 🇺🇸🇨🇳 Meat exports are definitely in the crosshairs of the trade fight 🥩
🌽 Brazil’s Corn Crunch
Brazil’s ethanol output from corn is exploding—set to hit 8.25 billion liters this year and more next! That’s tightening domestic corn supplies and may reduce Brazil’s exports… a potential win for US corn competitiveness 💪
📉 Grain Exports Slump
US corn sales dropped 26% on the week, soybeans fell 50%, and wheat saw net reductions 😬. Buyers were Japan (corn), Mexico (soybeans), and Vietnam (wheat). The export scene’s getting tougher.
🔥 Drought Update
Some relief! 🌧️ Drought eased in Missouri, Iowa, and parts of Illinois and Minnesota. But corn, soybeans, and wheat still face stress across big portions of the US 🌾
Corn: 26% in drought
Soybeans: 21%
Winter Wheat: 33%
Spring Wheat: 49%
Cattle areas: 37%
📊 Stock Market Rebounds
Markets popped Thursday as Trump’s softer trade tone gave investors hope. But China says talks haven’t started, so stay tuned… 📉 The S&P 500 is still down 3.3% since April 2.
👉 Like, comment, and subscribe for more timely grain market updates.
Stay informed. Stay ahead. 💡

  continue reading

1436 episodes

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