Trump to Host Farmers for Big Party - Is He Losing Rural Support??

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.🌽 White House Biofuels Event & RVO DecisionPresident Trump is hosting a major ag event next week with farmers and biofuel producers 🇺🇸Comes just ahead of the 2026–2027 blending mandate decisionPotential increase in mandates = stronger demand for ethanol & biodiesel⚠️ Refiners pushing back, warning of higher fuel pricesTiming matters with Middle East conflict already pressuring energy markets💸 Rising Farm Costs Becoming PoliticalWar-driven input inflation is hitting farmers hard 🚜Fertilizer + fuel costs surging right before plantingMargins already tight due to weak grain pricesCould impact rural sentiment ahead of midterms 🗳️Higher farm costs = potential food inflation pressure 🍔🌾 Wheat Market UpdateWheat futures slipped Tuesday 📉Chicago wheat ~ $5.90, KC wheat ~ $6.07Cold temps + ongoing dryness in the PlainsForecast: hot + dry → then cooldownRussia still undercutting U.S. on price 🌍🌍 Trump Delays China TripTrade tensions stay in focus 🇺🇸🇨🇳Visit pushed back 5–6 weeksTrump ties trip to China helping reopen HormuzTreasury says delay is logistical⏳ Delays progress on ag trade talks (soybeans!)Meanwhile:Strait of Hormuz effectively closed 🚢Iranian attacks continue across the regionEnergy markets remain on edge🇧🇷 Brazil Soybean Export ProblemsBrazil facing fresh export disruptions 🚫China tightening inspection standardsIssues: insects, damage, treated beansCargill paused some shipmentsLocal soybean bids have collapsed in some areasOfficials heading to China to try and fix it 🤝👉 This could shift demand back toward the U.S. if it drags on