US Exporters FINALLY Ship Grain to China + Direct Farm Payment News this Week??

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.Welcome back! Lawmakers are zeroed in on trade issues and a potential new farm-aid package as the year winds down. Agriculture Secretary Brooke Rollins is expected to release details this week—but many in D.C. and across farm country say it won’t be nearly enough. The American Farm Bureau notes that the rumored $12B is a fraction of the $50B+ in losses farmers have endured over the last three years. Deputy USDA Secretary Stephen Vaden added that recently negotiated trade deals could impact how much aid is ultimately distributed.🚢 Export Inspections: Soybeans Still DraggingSoybeans: 920,194mt (34M bu) — +14% vs last week, but -56% vs last year 😬Corn: 1.4mmt (56M bu)—-16% vs last week, +50% vs last year 🚀Wheat: 384,881mt (14M bu) — -20% vs last week, +29% vs last yearA small amount of sorghum headed to China. Expect more China-bound soybeans in the coming weeks.🇧🇷 Brazil Planting UpdatePrivate group AgRural pegs soybean planting at 89%, slightly behind last year’s 91%. Moisture issues exist in pockets, but it’s still too early to raise yield concerns.Patria Agronegocios: 171.9mmt (+0.2%)Conab: 177.6mmtUSDA: 175.0mmt📈 Catch-Up Export Sales (Week Ending Oct 23)Soybeans: 1.4mmt (53M bu), +31%, Mexico top buyerCorn: 1.8mmt (71M bu), -36%, Mexico top buyerWheat: 499,800mt (18M bu), +46%, unknown destinations top buyer🇦🇺 Massive Australian Wheat Crop IncomingAustralia’s Department of Agriculture raised its forecast to 35.6 mmt—up 5.3% and potentially the third-largest crop on record.Timely spring rains + mild temps = big yields.This adds to global supply pressure, with Chicago wheat recently hitting 5-year lows.USDA expects Australia to account for 4.3% of global output this year.👍 Thanks for watching!Drop a comment, smash the like button, and subscribe for daily updates.Stay informed—stay independent. 🌾📈