11/07/25 Waiting On More Active Chinese Buying & Gov’t Shutdown To End

11/07/2025 Click Above to Watch the Morning Market Talk Video Waiting On More Active Chinese Buying & Gov’t Shutdown To End On the Grains Soybeans and spring wheat futures firmed a little overnight, while the corn and winter wheat markets favored the downside. After Thursday’s hefty losses, all but spring wheat futures are working on losses for the week, though that could still change during daytime trade. The China demand front remains quiet to close out the week. Aside from a handful of cargoes (soybeans, wheat and sorghum), Chinese buyers have not rushed to purchase U.S. ag goods in the immediate aftermath of the trade deal between President Trump and China’s Xi Jinpinig. Aside from uncertainty about Chinese demand, Trump’s tariffs and the upcoming Supreme Court decision, along with the ongoing government shutdown continue to hang over markets. Regarding the shutdown, Senate Majority Leader John Thune told Senate Republicans Thursday that they should expect to vote on a new proposal today. That proposal would reportedly combine a short-term spending measure with a package of three full year funding bills, covering the legislative branch, agriculture, and military construction and veterans affairs. However, Democrats indicated they weren’t sold on the package. China’s Trade Activity Slumps…