Tidbits, Economics, Trade Deals, Weather 6/4/25
- Wright team
- Jun 4
- 4 min read
Tidbits
Bloomberg reports Vietnam is expected to sign deals with the U.S. to increase purchases of ag exports. Corn and DDGS are at the top of the list. Vietnam has offered to remove all tariffs on U.S. products and increase its purchases of U.S. products. Vietnam is the world’s third largest importer of corn.
Edurdo Vanin reported last evening:
“U.S. beans are the cheapest for smaller vessels for Europe and North Africa for Aug and Sept shipments, even cheaper than Northern Brazil. Premiums (basis) FOB Pagua jumped 25 cents in two weeks.”
WXRISK Grain Weather comment:
“Possible major pattern change to much hotter drier by mid-June for Plains/Midwest.”
Sure, it is possible, but is it probable?
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