AG Squawk with Davis Michaelsen | Mike Castle Stone X | When Politics Moves Prices More Than Supply

Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.We sort through a headline-heavy day where corn rallies on surprising yield signals while soybeans and cattle react to politics and policy risk. We walk through what the beef tariff pause could actually change, then dig into “Economic D Day” and why China sits at the center of the soybean demand story. • ProFarmer Crop Tour yield estimate reshaping corn supply expectations • Fund positioning and technical levels influencing the corn rally and pullback • Soybean weakness tied to rumors and the risk of disrupting Chinese buying • China’s purchases framed as political leverage rather than pure economics • Trump’s 90-day suspension of out-of-quota beef tariffs and the cattle market reaction • Why Brazil is the key supplier that could benefit most from the tariff structure change • USMCA trade tensions with Canada and retaliation risk for ag supply chains • Bessent’s Iran-focused pressure strategy and the quiet approach to compliance • How sanctions evasion channels affect commodities like oil and even fertilizers If you’re not an AgBull subscriber, may I encourage you to visit AgBull.com or call 855-737 Farm to become a premium subscriber. Tommy's Premium Subscription: www.agbull.comAgBull Audio and Video LinksApple MusicSpotifyYouTubeTikTok Futures Trading involves risk of loss and is not suitable for everyone. Past profits are not necessarily indicative of future results/profits.