Why is Biden Doing "Trump Stuff?" (China Tariffs)

Grain Markets and Other Stuff

English - April 18, 2024 10:00 - 12 minutes - 16.6 MB - ★★★★★ - 249 ratings
Management Business News Business News farm farming agriculture grain markets corn soybeans wheat soybean tractor Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: US Corn Growers are LOSING the SAF "Race"

Next Episode: 5-Day US Planting Window Ahead?

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Biden's Tariff Proposal on Chinese Imports: President Biden suggests increasing tariffs on Chinese steel and aluminum imports from 7.5% to 25%, aiming to address trade imbalances and protect domestic industries. 🇨🇳🇺🇸🛢️

Concerns Over Argentina's Corn Crop: The Rosario Grains Exchange likely to further reduce Argentina's corn crop estimate due to a disease spread by leafhoppers, causing significant losses; only 15.3% of the crop harvested so far. 🌽🇦🇷📉

US Ethanol Production Decline: Weekly US ethanol output drops by 7%, while stocks remain relatively stable; gasoline demand shows slight improvement compared to last year. 🇺🇸🌽⛽

Oil Price Decline Despite Geopolitical Tensions: Oil prices fall over 3% despite Iran-Israel tensions, as market awaits potential supply disruptions and Israel's anticipated retaliation against Iran. 🛢️🇮🇷🇮🇱

Decline in Ukraine's Grain Production: Ukraine's grain production in 2023 reaches 60mmt, expected to decline by 13% in 2024 due to decreased planted acres, affecting wheat, corn, and barley output. 🌾🇺🇦📉