6 min listen
Why is Biden Doing "Trump Stuff?" (China Tariffs)
Why is Biden Doing "Trump Stuff?" (China Tariffs)
ratings:
Length:
12 minutes
Released:
Apr 18, 2024
Format:
Podcast episode
Description
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.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. ????
Released:
Apr 18, 2024
Format:
Podcast episode
Titles in the series (100)
Morning Audio 1/30/20 by Grain Markets and Other Stuff