ALL ABOUT TRUMP, CHINA & USDA

AUDIO COMMENTARY

  • Soybeans end well off the highs

  • Solid closes for corn & wheat

  • USDA out tomorrow

  • Nothing is expected to be super bullish in this USDA report

  • It’s not likely that the USDA will make “huge” changes, but possible

  • If you feel oversold or undersold going into the report and these big events

  • Trump & China meeting this week

  • The China meeting could be more important than the USDA report

  • Could Trump say a bold unreasonable number?

  • Trump is taking the CEO of Cargill, that shows they will be talking about ags

  • Is there a reason China has been waiting to buy?

  • Owning cheap calls? Soybean spreads?

  • Is a 2020-2022 type of market possible?

  • Your risk isn’t the same as your neighbor's

  • Being the insurance company

  • Lottery ticket approach & fear of missing out

  • Using spreads to lock in a carry

  • Weather, war, Trump & China all at play here

  • Trump reduced tariffs on beef imports

  • Wheat ratings come in at 28% G/E

  • Be able to pencil in 2027 inputs if you are making sales

Listen to today’s audio below


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