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Possible US/Japan Deal, Corn Bounce, Weak Dollar

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Manage episode 477537153 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.

0:00 Happy Easter
0:35 US/Japan Talks
2:04 Corn Bounce
3:31 Joe is a Cry Baby
6:11 US Dollar Declines
9:29 Ethanol Production
10:25 Montana Renewables
11:42 Gold Surges
🌐 Trade Discussions with Japan: The Trump administration made significant progress in trade talks with Japan. President Trump described the discussions as making "big progress," with topics extending beyond trade to defense cost-sharing. The 90-day tariff pause continues, but Japan faces a 24% tariff if a deal isn't reached.
🌽 Corn Futures Climb: Corn futures saw an increase amid a weaker dollar and weather concerns. The May25 contract gained 3 cents to settle near $4.84 per bushel, supported by recent rain and flooding delays in the Corn Belt. Further rain this weekend is expected to hinder planting progress.
💵 US Dollar Falls to Six-Month Low: The U.S. dollar hit a six-month low, with investors seeking safer assets due to uncertainty surrounding tariffs and trade negotiations. Federal Reserve Chair Jerome Powell acknowledged the slowing economy, signaling a wait-and-see approach for the Fed.
🌱 Ethanol Stocks Remain High: U.S. ethanol stocks were near historical highs, with a slight weekly decline. However, production margins remain near breakeven levels, with output down by 1% from last week but up 3% from the same time last year.
🔋 Montana Renewables Pushes for Higher Biomass Diesel Quotas: Montana Renewables' CEO, Bruce Fleming, is advocating for a substantial increase in biomass-based diesel quotas to support the industry, targeting 7.3 billion gallons, more than double the current quota.
💰 Gold Hits New High: Gold surged by 3.2% on Wednesday, reaching over $3,300 per ounce, driven by the weak dollar and investor fears of economic uncertainty. Experts predict gold could reach $4,000 per ounce by mid-2026 due to trade tensions and a looming global recession.

  continue reading

1436 episodes

Artwork
iconShare
 
Manage episode 477537153 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.

0:00 Happy Easter
0:35 US/Japan Talks
2:04 Corn Bounce
3:31 Joe is a Cry Baby
6:11 US Dollar Declines
9:29 Ethanol Production
10:25 Montana Renewables
11:42 Gold Surges
🌐 Trade Discussions with Japan: The Trump administration made significant progress in trade talks with Japan. President Trump described the discussions as making "big progress," with topics extending beyond trade to defense cost-sharing. The 90-day tariff pause continues, but Japan faces a 24% tariff if a deal isn't reached.
🌽 Corn Futures Climb: Corn futures saw an increase amid a weaker dollar and weather concerns. The May25 contract gained 3 cents to settle near $4.84 per bushel, supported by recent rain and flooding delays in the Corn Belt. Further rain this weekend is expected to hinder planting progress.
💵 US Dollar Falls to Six-Month Low: The U.S. dollar hit a six-month low, with investors seeking safer assets due to uncertainty surrounding tariffs and trade negotiations. Federal Reserve Chair Jerome Powell acknowledged the slowing economy, signaling a wait-and-see approach for the Fed.
🌱 Ethanol Stocks Remain High: U.S. ethanol stocks were near historical highs, with a slight weekly decline. However, production margins remain near breakeven levels, with output down by 1% from last week but up 3% from the same time last year.
🔋 Montana Renewables Pushes for Higher Biomass Diesel Quotas: Montana Renewables' CEO, Bruce Fleming, is advocating for a substantial increase in biomass-based diesel quotas to support the industry, targeting 7.3 billion gallons, more than double the current quota.
💰 Gold Hits New High: Gold surged by 3.2% on Wednesday, reaching over $3,300 per ounce, driven by the weak dollar and investor fears of economic uncertainty. Experts predict gold could reach $4,000 per ounce by mid-2026 due to trade tensions and a looming global recession.

  continue reading

1436 episodes

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