China Will Have Enough Beans Without US Beans

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 Subscribe!0:56 Argentina Update3:31 Argentine Crushers Aren't Happy5:40 Secret Meeting? US/China7:00 Trump at UN - Russia/Ukraine9:36 USDA Cattle Plan11:25 EU Deforestation Law12:32 Fed Problems🌱 China Buys Argentine SoybeansChina jumped on Argentina’s suspension of its 26% soybean export tax and purchased 10–15 cargoes for November delivery. Reports now suggest total purchases could be 20 cargoes this week alone. Normally, this business would have gone to the US, but the trade war has shifted flows. Argentina’s crushers warn that local supply is tightening, idle crushing capacity is rising, and jobs are being lost.📈 Grain Market ReactionCorn futures gained nearly 5 cents with Dec25 closing near $4.26. Soybeans edged higher to $10.12, while both Kansas City and Chicago wheat also finished stronger. Optimism tied to possible US-China trade progress provided a lift.🤝 US-China MeetingA Chinese trade envoy, Li Chenggang, met with US Midwest leaders in Beijing on Monday. Details are thin, but the meeting was confirmed by China’s Ministry of Commerce. It fueled fresh hopes for trade progress even as China avoids US soybeans.🇺🇸 Trump’s Ukraine ShiftAt the UN, Trump surprised leaders by saying Ukraine could win back land from Russia, a reversal from his earlier push for quick peace talks. This marks a potential shift in US policy, signaling stronger backing for Kyiv.🐂 USDA Cattle Herd PlanThe USDA says it will soon launch a plan to help rebuild the US cattle herd, mentioned in a statement on screwworm control. No details yet, but the program could reshape beef supplies and pricing.🌳 EU Deforestation Law DelayEurope has postponed its anti-deforestation law again. The rules would restrict imports of soybeans, beef, and more. Admin hurdles and IT issues caused the delay, but costs could ripple across the supply chain once implemented.💵 US Economy UpdateFed Chair Powell warned of upside inflation risks and downside jobs risk, leaving October’s rate decision uncertain. Tariffs are pushing prices higher, while labor supply shrinks under tighter immigration enforcement.🌽 Flash Corn SaleUSDA reported a 5 million bushel corn sale to Mexico. Most will ship in 2025/26, with the rest in 2026/27.👉 Don’t forget to subscribe for daily updates and drop your thoughts in the comments. Staying informed helps you stay ahead in these fast-moving markets!