Grain Markets and Other Stuff
@grainmarketsandotherstuff·35K subscribers·1.5K videos
One Weather Model is Bullish...For Now
Posted
June 4, 2025
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🌦️ Weather Models Diverge & Canadian Smoke Returns! 🌫️
🌽 Forecast Shift?
Some US weather models have trended drier! The latest GFS run shows minimal Corn Belt rainfall in the 8-14 day outlook. But don’t jump the gun—Euro offers a wetter view with near-normal precipitation. Recent rains hit NE, IA, MN, KS, MO, WI & IL. Radar’s active again this morning—📡 see the maps below!
🔥 Wildfire Smoke Update
Over 200 wildfires are burning in Canada, with smoke spreading as far south as the Gulf of Mexico. Minnesota is under a statewide air quality alert, while WI and MI face dangerous conditions. Smoke exposure isn't a crop killer short-term, but prolonged haze could hurt yields. 👃🚫🌱
🚜 Farmer Sentiment Rises!
The Ag Economy Barometer hit 158 in May—its highest since May 2021! Farmers are feeling better about both the present and future 📈. Worries about tariffs remain, but fewer producers expect major income hits. 🔍 Check the Purdue/CME Barometer link for more insight!
🌾 Ukraine Crop Trouble
Ukraine's grain production could fall 10% this season due to weather delays and war disruptions. Oilseed production is also projected lower. Still, Black Sea wheat exports remain stable, and analysts expect nearly 41mmt in grain exports. See the 📊 chart below.
🤝 Trade Talks Heat Up
The White House is pushing for new trade agreements, urging partners to submit their best offers by today. Countries like Vietnam, Japan & India are in discussions. Trump’s reciprocal tariffs are set to return July 8, so negotiations are ramping up fast. 📅
👇 See full maps, charts & data below! Don't forget to like 👍 and subscribe 🔔 for more updates. Join the conversation in the comments!
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