Worst Soybean Sales in 20 Years + Joe/Matt Corn Yield Bet

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0:00 Corn Yield Bet
3:31 Export Sales
10:41 Flash Sales
11:50 Wet July
15:26 Cattle Selloff
20:11 US Dollar Rally

🎯 US Export Sales Slide While New Crop Corn Surges 🚀 | Drought Relief & Cattle Market Shakeup 🌽💥

📉 Grains in Motion!
US corn export sales dropped 47% from last week, landing at just 340,900mt (13 mil bushels). But don’t panic—new crop corn crushed expectations with 1.9mmt (74 mil bushels) in sales! 🙌
🌱 Soybean bulls got a boost too! Net sales hit 349,200mt, exceeding estimates and climbing from last week. New crop beans came in strong at 429,500mt (16 mil bushels).
🌾 Wheat took a step back—592,100mt in sales, down 17%, but still matching the 4-week average.

🚨 Flash Sales Frenzy!
The USDA reported a wave of flash sales Thursday:
🇨🇴 100k mt corn to Colombia
🇰🇷 140k mt corn to South Korea
❓ 136k mt corn to unknown destinations
🇳🇬 100k mt of hard red winter wheat to Nigeria
📦 All for 2025/26 delivery!

🌧️ Corn Belt Drought Fades
The latest USDA Drought Monitor brought good news:
✅ Conditions improved in MN, IA, IL & IN
📉 Drought in the Corn Belt is now at just 2.4%—down from 32% earlier this year!
📌 National Drought Stats:
• Corn: 7% 🌽
• Soybeans: 5% 🌱
• Winter Wheat: 30% ❄️
• Spring Wheat: 38% 🌾
• Cattle: 14% 🐄

📉 Cattle Collapse or Just a Blip?
🐂 After new all-time highs, cattle futures got clobbered Thursday—feeder contracts hit limit down 📉
Some fear the top is in, but remember: this market has bounced back before. With tight supplies & strong beef demand, fundamentals still look solid 💪

💵 Dollar Roars in July
The US Dollar Index posted a 5% gain in July—its best month since Dec 2024! 💹
✅ Resilient economy
✅ Hawkish Fed
✅ Easing trade tensions
But beware: tariffs & political pressure could shake things up soon...

👍 Like, subscribe & comment your take on export trends, cattle futures, or the dollar’s next move!

#Corn #Soybeans #Wheat #Cattle #USDollar #DroughtUpdate #USDA #AgMarkets #GrainMarketing #FarmNews 🌽📉📈