Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyGoogleTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Intro + Mexico Rail Shutdown2:58 Reduced Brazil Corn Acreage?5:52 Red Sea Attacks7:18 Export Shipments8:18 Goldman Stock Market Target9:44 Cattle and Outside Markets????? US-Mexico railroad border crossings temporarily closed due to migrant surge, impacting supply chains for essential commodities like grain, industrial products, and cars.??? Brazilian farmers delay fertilizer purchases for the second corn crop due to drought and soybean planting delays, affecting crop production.?? US soybean shipments improved with 1.4 million metric tons (52 million bushels) inspected for export, showing a +41% increase compared to the previous week but a -28% decrease versus the same week last year. Corn shipments also increased by 31%, totaling 947,418 metric tons (37 million bushels), while wheat shipments decreased by 10%, with 284,792 metric tons (10 million bushels) reported.?? Goldman Sachs has raised its 2024 forecast for the S&P 500, projecting it to reach 5,100 next year, up from the previous target of 4,700. The S&P 500, currently at 4,740, is just 1.2% below its January 2022 high. The market has seen significant gains since late October, primarily driven by expectations of rate cuts in 2024, with the Fed announcing plans for a 0.75% reduction, while the market anticipates a larger cut of 1.5%.