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 Depressing News
0:40 The Funds are Short
2:52 Heat Wave
4:15 US/China Update
5:56 Meal Update
7:41 Wheat
8:42 Flash Sales
🔥 FUND MOVES, HEAT WAVES & TRADE TALK! 🌽🌡️📉
Here's what you need to know this week in grains, weather, and global trade! 👇
📊 🧠 Fund Flows:
“The Funds” slightly reduced their net short position in the corn market last week. CFTC data showed:
Net sellers of just 181 corn contracts 📉
Heavy net sellers of 34,000 soybean contracts 😬
Largest soybean short since April 🫘
Sold 13,000 SRW wheat contracts 🌾
🌞 🔥 Heat Building in the Corn Belt:
Our friends at CropProphet see above-normal temps on the way:
📅 7-day: +2°F above normal
📅 8–14 day: +3.8°F above normal
🌧️ Slightly below-normal rainfall
🤝 US-China Trade Talks Back On?
Treasury Sec. Scott Bessent says he’s “optimistic” about a deal ✍️
🇺🇸🇨🇳 Officials met in Stockholm last week
🗓️ Deadline: August 12
👉 But so far, new crop US soybean sales are the worst since 2005... zero Chinese purchases 😳
🌎 China Buys Argentine Meal Again
China booked another 30,000mt of Argentine soybean meal 🇦🇷
That’s the 3rd deal since June after years of no activity
💰 Why? Cheaper prices thanks to lower Argentine export taxes (from 31% → 24.5%)
🚢 Wheat Export Slowdown
Russia, Ukraine, and the EU — who make up nearly 50% of global wheat exports — are off to a slow start:
Russian exports down 30% YoY 📉
Ukraine shipping just 1/3 of last year’s volume
Spot prices at Black Sea ports +8% in July
📉 All 3 US wheat futures contracts just hit life-of-contract lows
🌽 Flash Sales!
USDA reported two corn flash sales Friday:
352,160mt (14 million bushels) to unknown destinations for 25/26
📉 Stock Market Slump
Markets tumbled Friday after weak job data:
Dow -1.2%
S&P -1.6%
Nasdaq -2.2%
👎 Only 73,000 jobs added vs. 100k expected
👀 Fed rate cut odds for September just went up
🧨 Trump tariffs also added pressure
👍 Like, 💬 comment, and 🔔 subscribe for more market updates every week!
Popular Podcasts
New Heights with Jason & Travis Kelce
Football’s funniest family duo — Jason Kelce of the Philadelphia Eagles and Travis Kelce of the Kansas City Chiefs — team up to provide next-level access to life in the league as it unfolds. The two brothers and Super Bowl champions drop weekly insights about the weekly slate of games and share their INSIDE perspectives on trending NFL news and sports headlines. They also endlessly rag on each other as brothers do, chat the latest in pop culture and welcome some very popular and well-known friends to chat with them. Check out new episodes every Wednesday. Follow New Heights on the Wondery App, YouTube or wherever you get your podcasts. You can listen to new episodes early and ad-free, and get exclusive content on Wondery+. Join Wondery+ in the Wondery App, Apple Podcasts or Spotify. And join our new membership for a unique fan experience by going to the New Heights YouTube channel now!
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Follow now to get the latest episodes of Dateline NBC completely free, or subscribe to Dateline Premium for ad-free listening and exclusive bonus content: DatelinePremium.com
On Purpose with Jay Shetty
I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!