4/8/2025 8:00 am
Grain/oilseed markets rebounding with equity and energy markets overnight on hopes of tariff negotiations between the US and other countries having some success. Traders watching if US will put another 50% tariff on Chinese products today at noon EST as it appears China is not going to drop their counter-tariffs vs US products. Chatter some other Southeast Asian countries dropping their tariffs on US ethanol...which should be supportive to ethanol values.
Planting expected to run ahead in the WCB with drier/warmer trend next 10 days while ECB and Southeast to slip behind normal after the weekend rains/flooding. Winter wheat ratings on SRW running below the 5 and 10 yr avg, see below. Little moisture seen for the HRW areas next 7 days.
More risk to come in future news headlines!!
3/11/2025