My budget shows no reason for a swing to corn acres next year. I had very good yields in both corn and soy but this year corn and soy profits were basically identical but only because my corn mostly dried in the field. 2025 fall prices give corn an added maybe $50/acre but that will likely be erased with normal drying cost. I’m not a fan of risking more money for the same amount of profit.
Soybean oil export sales have been phenomenal, 30,000 sold to India in a flash sale last week and 114,311 MT of sales in yesterday's report. Marketing year-to-date business is now the third best of the last eight years
US companies are stocking up because they expect tariffs. Foreign companies are stocking up because they expect retaliatory tariffs. Anybody remember Smoot-Hawley?
With outlook for beans being so poor can it get worse? If everyone makes a switch to corn do you want to join that party? At a minimum 18 months for markets to change. Would be interesting to see historically how grains trade when they are below break even. 2013-219 it always felt like the markets gave one or two opportunities
The Argentina oil company YPF has tripled with new President Miley taking over. When things change EC and PBR might jump as well. It would be a lot easier to promote South America than try to make the Middle East and China act normal.
@@steven4315 I think the Chinese can go pound sand. If they want to sell anything here, they must buy as much from us as we buy from them. Democrats are too stupid to know how this works. They need us much more than we need them. Brainwashing by the left has convinced the soft weak minded that they are in charge. Bull sh1t.
I feel the relationship between China and America will be like this. You sit over there I’ll sit over here. You do your thing I’ll do my thing. Basically cold as ice . Minimal commerce performed. Trump is still upset about China lying to him about covid.
How did tariff's work out the first time for US ag? China's economy is a mess. They vastly over built. For decades they have been reporting unbelievable yearly GDP output. It was ubelieveable since no one can verify their numbers. Their provincial goverment's have been reporting inflated data to the central gov. because of the fear factor over there. China will only buy US ag as a token gesture of good will. Brazil has the product they need and the quantity and they are also their BRICS buddy. Oh, China has a small investment in our debt at 9% so they can call in their marker all they want. Japan has a larger stake at 13%. The way a tariff should work is a proactive one like Biden put a 100% tarrif on China electric cars this year. Have you seen a China EV...me neither, but reports are they are cranking them out cheaply. That tariff will protect US EV production. Elon has to lovvvvve that tariff.
I think the Chinese can go pound sand. If they want to sell anything here, they must buy as much from us as we buy from them. Democrats are too stupid to know how this works. They need us much more than we need them. Brainwashing by the left has convinced the soft weak minded that the Chinese are in charge. Bull sh1t.
@@nate9027 hey real quick can you tell me what you know about chy-nahh’s mortgage crisis and interest rate manipulation thanks hope this helps have a Great weekend 👌
You guys are the best Ag show on the planet, hands down.
Once again, excellent info boyz and girl. Joe, you're good and you surround yourself with good people. Brian's charts and analysis are excellent!
I'm putting in more alfalfa with oats for local use. Tariff that, you money changing ding dongs.
Same here. Will start sowing some Alfalfa this spring. Maybe more oats as well.
My budget shows no reason for a swing to corn acres next year. I had very good yields in both corn and soy but this year corn and soy profits were basically identical but only because my corn mostly dried in the field. 2025 fall prices give corn an added maybe $50/acre but that will likely be erased with normal drying cost. I’m not a fan of risking more money for the same amount of profit.
It is!!!! The best..
And Speculation is just speculation.
Soybean oil export sales have been phenomenal, 30,000 sold to India in a flash sale last week and 114,311 MT of sales in yesterday's report. Marketing year-to-date business is now the third best of the last eight years
Good morning! Can tariffs actually be a GOOD thing for US agriculture??
Expect retaliatory tariffs.
Same as market reports, right? Depends on where they come in compared to expectations. Traders will trade anything....
Yes, if u want really low grain prices like in 18',19',20' time frame.
Agree fed cutting isnt needed, markets already roaring
Artificial applause
US companies are stocking up because they expect tariffs. Foreign companies are stocking up because they expect retaliatory tariffs. Anybody remember Smoot-Hawley?
History doesn't repeat, but it rhymes. Everything was great in the '20's until it wasn't.
With outlook for beans being so poor can it get worse? If everyone makes a switch to corn do you want to join that party? At a minimum 18 months for markets to change. Would be interesting to see historically how grains trade when they are below break even. 2013-219 it always felt like the markets gave one or two opportunities
Buy the rumor, sell the fact.
Were tariffs good the last time we had to bail out the farmers? No. People are so stupid.
The Argentina oil company YPF has tripled with new President Miley taking over. When things change EC and PBR might jump as well. It would be a lot easier to promote South America than try to make the Middle East and China act normal.
Let’s hope things have bottomed for AG
Fed chairman and weatherman,
Orange mayne _Great_ cope and seethe “you people” 👌
Do they feel Trump will force China too buy more US agriculture again?
Trump has promised massive tariffs on Chinese stuff. I'm thinking the Chinese may not care for that.
@@steven4315 I think the Chinese can go pound sand. If they want to sell anything here, they must buy as much from us as we buy from them. Democrats are too stupid to know how this works. They need us much more than we need them. Brainwashing by the left has convinced the soft weak minded that they are in charge. Bull sh1t.
Trump can't make China do anything. His last terrif war didn't work
I feel the relationship between China and America will be like this. You sit over there I’ll sit over here. You do your thing I’ll do my thing. Basically cold as ice . Minimal commerce performed. Trump is still upset about China lying to him about covid.
With Trump there is hope, that's more than we had
Look at his Failed Jhina Trade War.
Hope for what?
Who would you like Trump to nominate as the new Ag Secretary or will he retain Tom VilTax?
Kennedy might be filling that spot.
How did tariff's work out the first time for US ag? China's economy is a mess. They vastly over built. For decades they have been reporting unbelievable yearly GDP output. It was ubelieveable since no one can verify their numbers. Their provincial goverment's have been reporting inflated data to the central gov. because of the fear factor over there. China will only buy US ag as a token gesture of good will. Brazil has the product they need and the quantity and they are also their BRICS buddy. Oh, China has a small investment in our debt at 9% so they can call in their marker all they want. Japan has a larger stake at 13%.
The way a tariff should work is a proactive one like Biden put a 100% tarrif on China electric cars this year. Have you seen a China EV...me neither, but reports are they are cranking them out cheaply. That tariff will protect US EV production. Elon has to lovvvvve that tariff.
Nothing you said is wrong. However it is clear chy-nahh needs the US more then the US needs chy-nahh👌
I think the Chinese can go pound sand. If they want to sell anything here, they must buy as much from us as we buy from them. Democrats are too stupid to know how this works. They need us much more than we need them. Brainwashing by the left has convinced the soft weak minded that the Chinese are in charge. Bull sh1t.
@@hikeskool exactly! thats why every item in your house and shop say made in america
@@nate9027 hey real quick can you tell me what you know about chy-nahh’s mortgage crisis and interest rate manipulation thanks hope this helps have a Great weekend 👌
Remember Musk also makes Cinese EVs, so he may not be as thrilled as you imagine if it messes with Tesla global supply chain.