Is Trump Really to Blame for the Poor Farm Economy?? + Soybeans SURGE

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 Trump Comments, Soybeans Surge2:40 Trump and Farm Economy7:47 StoneX Yield Conspiracy10:11 The Funds and Corn12:12 USDA Preview14:24 Food Prices Rise🌱 Soybeans Surge After Trump Comments 🇺🇸📈Soybean futures are 🔥 this morning after President Donald Trump took to Truth Social Sunday night, saying he hopes China will quickly quadruple its soybean orders and is worried about a shortage. 📲 Traders are reading this as a possible hint that soybean purchases could be part of a new trade deal. The Nov25 contract spiked 📈 27¢ overnight!📰 Trump & the Farm EconomyA recent Bloomberg piece looked at Trump's role in the farm economy. Since his first tariffs earlier this year, some farm input costs have climbed. Tariffs now average 15.2%—the highest since WWII 🇺🇸—but inflation, COVID money creation, direct farm payments 💵, and the Black Sea war ⚔️ have also fueled higher costs.📉 New crop US soybean sales are the lowest in nearly 20 years—China hasn’t bought any yet. Meanwhile, US corn export sales are record high 🌽💪.📊 Fund TrackerFunds cut their net short in corn last week (👀 +15k contracts)Net sellers of soybeans (-29k), pushing net shorts to the biggest since Dec 2024Net sellers of SRW wheat (-16k)📅 USDA Report Tomorrow – Big Changes ExpectedTraders expect higher corn 🌽 and soybean 🌱 yield estimates, bigger US carryouts, and rising global stocks—except for wheat, which may tighten.🌍 Global Food Prices ClimbThe FAO Food Price Index hit 130.1 in July—the highest in 2+ years—driven by record-high meat prices 🥩 and surging vegetable oils 🌻🥥. Grain prices remain low despite high grocery costs.🚨 Flash Corn SaleUS exporters sold 125,000mt (5mil bu) of corn to “unknown” buyers for 25/26. Next year’s sales are already up 102% vs last year.👍 If you follow grain markets, subscribe for daily updates & drop your thoughts in the comments!