Grain Markets and Other Stuff

China Weather Problems: Floods AND Drought

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0:00 China Problems
3:04 Trump and China
4:34 US Weather Update
8:26 China Crop Pathogen Smugglers
10:37 Ethanol Production
12:39 NOAA Forecasters

🌾 China’s Wheat Woes, Trade Tensions & Weather Swings! 🇨🇳🌦️

🔥 Extreme Heat Hits China's Wheat Crop
China’s key wheat regions just saw their hottest May since 1961. Some fields suffered yield losses of up to 50% due to drought! 😳🚜 Farmers with irrigation held steady, but questions linger about potential wheat imports. 

🛑 Trump vs. Xi: Trade Talks Stalled
President Trump called Xi “extremely hard to deal with” as negotiations stall. 😤📞 A possible call could revive talks, but both sides are throwing blame after a May truce unraveled. Stay tuned for updates on this tense trade drama. 🎭📉

🌧️ Corn Belt Forecast Flip
Yesterday’s “ultra-dry” GFS outlook? ❌ Probably wrong! New data suggests 82% of normal rainfall in the 8-14 day window. Still, the west looks dry in both GFS and Euro models. 🌽⚠️ 

🧪 Crop Sabotage? Chinese Nationals Charged
Two Chinese citizens face charges for smuggling a crop-damaging fungus—Fusarium graminearum—into the US. 🚨🌾 This pathogen can wreck wheat and poison livestock. Officials say the suspects had studied the fungus back in China. Yikes.

⛽ Ethanol Record!
US ethanol production just hit a weekly all-time high: 1.1M barrels/day! 📈💥 Stocks also surged to 24.4M barrels. Strong margins are back, according to Reuters. 

🌀 NOAA Fully Staffed Ahead of Hurricane Season
Despite federal layoffs, NOAA is ready. 💪🌪️ Commerce Secretary Lutnick says critical positions are being filled after a hiring freeze threatened weather coverage. With a wild hurricane season ahead, that’s good news. 🌊🌬️

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