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| 2026 USDA January Crop Report Bearish “Shock” + Canada/China Trade Deal
https://youtu.be/07Wat9ZrMo0
#USDA #January #bearish #canada #china #tradedeal #corn #soybeans #wheat #silverbullet #E15 #biofuel #canola #EV #Iran #crudeoil #geopolitics #soybeanoil #silver #drought #CFTC #parabolic
The USDA January crop report shocked the grain trade with a bearish report finding more bushels of corn, soybeans and wheat for 2025. But strong demand and talk of finalizing biofuel and adding E15 in Washington helped forge a low near-term in the grain markets. Canola futures traded higher on news that China and Canada reached a trade deal on canola/EV tariffs. China has finally bought their 12 mmt of U.S. soybean commitment now what? WTI crude oil fell after Trump decided not to attack Iran and silver remained parabolic.
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Ag Commodity Corner+ Podcast Week 41 - January 16, 2025
