Joe's Premium Subscription: www.standardgrain.comGrain Markets and Other Stuff Links-Apple PodcastsSpotifyTikTokYouTubeFutures and options trading involves risk of loss and is not suitable for everyone.0:00 Spring Wheat Rally3:13 Drought and AI Weather Model7:43 More Tariff News10:04 SRE News, Biofuel12:12 Higher Biofuel Mandates?15:24 Ethanol Production16:48 Flash Sales17:53 Russia Wheat🌾 Spring Wheat Soars + Drought Moves + Biofuel Battles! ⚖️🔥🚀 Markets on the Move:Spring wheat futures surged to multi-week highs overnight! Jul25 hit its best level since April 17 📈 after the USDA rated the crop just 45% good-to-excellent — the worst start since 2021. Funds are still holding a record net short! 👀🌧️ Drought Monitor Drama:Rain boosted MN & WI, but dry pockets worsened in parts of IL, IN, MO & IA. The High Plains saw improvement thanks to rain + cool temps. Here’s where drought is hitting hardest:🌽 Corn – 23%🌱 Soybeans – 17%🌾 Spring Wheat – 29%🐄 Cattle – 23%🧾 Tariff Twist!Trump’s global tariffs are back on... for now. A federal court reinstated them temporarily while legal battles continue ⚖️. Could this be peak tariff fatigue in the markets?⛽ Biofuel Backlash:Trump's administration may approve backlogged refinery waivers — some dating to 2016. Analysts warn this could undercut ethanol & corn prices, setting a dangerous precedent for farmers. Meanwhile, new 2026 biofuel mandates are coming — industry insiders are pushing for 5.25 billion gallons to help grain demand.🍻 Ethanol Update:Production ticked up 1.9% last week to 1.06M bpd. Stocks fell slightly but remain above last year. Margins? Flat. 📊🚢 Corn Flash Sales:The US sold 8M bushels of corn — half to Mexico, half to “unknown.” Export demand showing signs of life!🌍 Russian Wheat Outlook:Sovecon bumped Russia’s export forecast to 40.8mmt 📦 and raised its crop estimate to 81mmt 🌾—still below recent highs, offering some global price support.👉 Don't forget to LIKE, SUBSCRIBE, and drop your thoughts in the comments!📲 Stay informed — markets move fast!