Why Did Corn Futures COLLAPSE on Tuesday??

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 Tuesday Selloff3:34 China to Reduce Grain/Meal Use6:04 Transition Planning7:38 China Comments8:48 Russia Wheat Update10:04 Amazon Tariff Charges?11:33 Flash Sales🌽📉 Corn & Soybeans Slide Sharply!Corn and soybean futures took a hit Tuesday as planting progress races ahead! The Jul25 corn contract fell 13¢ to around $4.70, while soybeans dropped nearly 10¢ to $10.53. South American weather is looking great, and there’s no big bearish headline—just a wave of selling pressure as weather premiums fade.🌾🌦 Wheat Drifts Lower TooSRW wheat followed suit, down 6¢ to $5.26. Timely US Plains rain and a slight bump in Russian exports kept prices under pressure.🐖🥣 China’s New Feed PlanChina plans to cut grain use in livestock feed to 60% and soymeal to just 10% by 2030. The shift toward alternative proteins like insects and food waste is a major step in Beijing’s strategy to reduce reliance on US soybeans. 📉🛑🇨🇳 China Pushes Back on TariffsAt a BRICS meeting, China warned against giving in to US tariff pressure. Officials demand a rollback of all tariffs before trade talks can start. Meanwhile, the US hints at tougher measures.🚢🇷🇺 Russian Wheat Export Forecast RaisedSovecon bumped up its Russian wheat export forecast to 40.7mmt despite ongoing profitability issues. Margins remain tight, and a breakout in shipments still looks unlikely.🛒🇺🇸 Amazon Won’t Show Tariff CostsAfter blowback from the White House and President Trump, Amazon has scrapped plans to display tariff charges on its discount platform, Amazon Haul. The drama continues…📦🌍 Flash Sales to Spain & Unknown Buyers!USDA reported new flash sales:🔹 120,000mt of corn to Spain🔹 110,000mt of soybeans to unknown destinations👇 Don't forget to like, comment, and subscribe for the latest grain market insights every week!#GrainMarkets #Corn #Soybeans #Wheat #ChinaTrade #USDA #Tariffs #AgricultureNews