Yaoshanhou

[CropProphet @CropProphet]

Live radar shows rain moving across some of the driest corn-producing counties in the northern Plains this morning.

The six-hour radar loop shows precipitation tracking across parts of North Dakota where observed rainfall during the 30 days ending August 2 was well below normal.

At 13:20 UTC, precipitation was occurring over counties representing 2.4% of national corn production, while heavier precipitation was occurring over counties representing 0.2%.

Grain traders: Get a risk-free trial of CropProphet using the link in the comments below. 👇

#OOTT #AgWx #Corn #CornBelt #GrainMarkets

[Professional Ag Marketing @AgProfessional]

4th stop was in Audubon Co Iowa. This side of Iowa has missed out on some key rains. Despite this, crop conditions overall looked great. Farmer did say they had some trouble with emergence, so maybe did lose some stand. Samples we pulled were similar to last year levels at 245 bu. Key rains rest of crop year could push this crop to last year’s yield levels. #OATT #CORN

[Karen Braun @kannbwx]

🇺🇸 U.S. corn conditions declined 2 pts despite weekend rains, while soybeans were unchanged. Spring wheat ratings jumped above expectations for a second straight week.

Corn is now starting to dent, which is the final grain-filling stage before maturity.

[Uranium2035 @Uranium2035]

⚡ MARKET CLOSE · August 3, 2026

$URNM · #uranium

[Lukas Ekwueme @ekwufinance]

The world's largest uranium producer is peaking.

- Kazakhstan accounts for ~40% of global uranium production.
- Output is expected to peak within about a year.
- By 2045, production could decline by as much as ~80%.

That is a massive supply shift from the industry's most important producer.

At the same time, global nuclear expansion plans imply uranium demand could roughly double by 2045.

In other words, the industry's largest source of supply growth is peaking just as long-term demand is accelerating.

Following the 1970s Arab oil embargo, countries including France and Japan rapidly expanded their nuclear fleets to strengthen energy security.

With today's energy security challenges arguably even greater, I wouldn't be surprised if reactor construction accelerates once this war ends.

Uranium remains one of my highest-conviction long-term holdings.

[Carl Zha @CarlZha]

Bali and Shanghai are in the same timezone. But sunrise in Shanghai is 1.5 hr earlier at 5:00AM!!!

I'm crossing Huangpu river on a ferry. Ferry cost 2.5rmb ($0.37usd) and has AC. Gotta love a country with plenty of cheap electrocity!

[Newsbase @Newsbaseltd]

Europe's worst wildfire season in years flags a global El Nino already moving commodity markets https://t.co/L5FMEpn3ju #oott

[George Orwell @rjplanetb]

A gentle reminder from General Mattis. Iran has a say too. #oott #oil

[FinSquawk @finsquawk_]

OPEC+ likely to raise quotas by about 188,000 bpd for September, then pause: OPEC+ delegate and source
#OOTT

[GBC @GBC_Press]

🇺🇸 NEW: One hour after announcing his resignation, the U.S. Army Chief of Staff says: “A madman will drive the mighty U.S. military into ruin.”

[Macro Alpha @MacroAlphaHQ]

Trump says the US has agreed to cancel an attack on Iran after Iran and other Middle Eastern countries requested a deal. The deal requires immediate and complete reopening of the Strait of Hormuz and an end to Iran’s nuclear threat.

Markets will treat the headline as the geopolitical premium simply vanishing. That interpretation supplies exit liquidity to any book that built long energy or hard-asset hedges on the escalation path. It also lets equity and credit mandates mark higher and ease the funding drag that comes with elevated risk weights.

The real lever is the strait condition. Full reopening removes the physical oil-flow constraint that justified the premium in the first place. Canceling the strike is just the policy switch that unlocks it. Without verified tanker traffic restoring, the cancel is only a pause and the premium has every reason to stay bid.

If Hormuz traffic normalizes while nuclear steps appear, the unwind in oil and related hedges becomes the durable trade. If either leg slips, the relief narrative collapses and the premium rebuilds.

[Mario Nawfal @MarioNawfal]

🇺🇸🇨🇳 Rubio says China wants to become the world's most powerful country at America's expense, and calls it "almost irresponsible" not to talk to them anyway:

"All the things that China wants to become the most powerful country in the world, and they want to do so at our expense.

Obviously, we are Americans.

We're not going to allow that to happen."

Compare this to how the same administration talks about Iran, where direct contact is a concession and "everything they say is a lie" is policy.

With Beijing, refusing to talk is the irresponsible option.

That's the honest hierarchy of power.

You negotiate carefully with the country that can hurt you and dictate terms to the one that can't.

Writer: Daniel

[Mario Nawfal @MarioNawfal]

🇺🇸 Rubio finally addressed the couch photo and his explanation is that the couch itself did him dirty:

"In that couch, if you don't have a pillow, you kind of sink.

I look terrible!"

He also revealed that Dan Scavino BUILT him an actual board of every version, and keeps adding to it, which means the most memed man in Washington now has a curated gallery of his own suffering😂

Writer: Daniel

[Bull Theory @BullTheoryio]

🇯🇵 🇺🇸 Japan’s FM Satsuki Katayama will announce Monday that Japan and US took joint action to support the yen, per Reuters.

Their first such intervention since 2011, as they step in while the yen hits its weakest levels against the dollar since 1986.

Katayama will announce “joint action” with the US, adding that “the operation is still ongoing.”

Reuters photo also showed Treasury Secretary Scott Bessent’s notepad reading “TO DO: Buy Japanese Yen (JPY) $5-10B” at Friday’s Cabinet meeting.

[Liu Xin刘欣 @LiuXininBeijing]

Behind many epic journeys is a human story waiting to be told.
A first look at our conversation with Matt Damon about portraying Odysseus, one of literature's most enduring figures, in The #Odyssey.
As this timeless epic reaches audiences in #China, we look forward to sharing the full interview soon.

#MattDamon #Cinema #Film #Movie #MovieLovers #BehindTheScenes #ChinaCinema #TheOdyssey

[Robin Brooks @robin_j_brooks]

The Yen keeps falling because Japan's shadow yield - what it'd be without BoJ bond buying - is much higher than actual yields. As long as that's true, the Yen will keep falling. Official FX intervention doesn't change this. It can only slow the Yen fall...
https://t.co/RBGWunJVkP

[Lukas Ekwueme @ekwufinance]

The age of mining is about to begin.

The global economy is shifting away from a just-in-time model toward a bifurcated system.

- Nations are prioritizing supply security over efficiency
- Strategic stockpiles are expanding
- Export controls are rising

The long-running era of globalization, excess capacity, and falling prices is coming to an end.

Under globalization, asset-light business models thrived. Companies offshored production, minimized inventories, and optimized relentlessly for margins.

That model only works when materials and energy are always available.

They are not anymore.

This is why Big Tech is already acting:

- Locking in copper supply directly at the mine level
- Building and controlling power generation
- Securing end-to-end supply chains
- Participating in critical mineral stockpiles

Governments and tech giants hoarding metals and locking in long-term offtake deals will force everyone else to do the same just to avoid being left short.

That turns supply security into a self-reinforcing bidding war over the same finite metals and energy.

In this new world, mining transforms from an old, dirty business everyone avoided into a matter of national security, where access trumps price.

Meanwhile, mining as a share of global equities is at ~1%, a historic low.

Life-changing money will be made in the mining sector

[THE ISLANDER @IslanderWORLD]

China will launch its first weekly container service between China and Europe via the Northern Sea Route. The voyages will begin in August, with a sea transit time of approximately 20 days. The destination is Felixstowe (UK), with potential stops at other European ports.

The distance between Shanghai and Rotterdam via the Arctic is approximately 12,800 km, while the distance via the Suez Canal is over 20,000 km. However, on most world maps, the "Arctic Express No. 1" appears longer due to the Mercator projection.

[Zhang Heqing @zhang_heqing]

China's AI rise, explained | Unboxing China
Chinese AI models have been making headlines around the world. From product launches that have stunned the industry to policy debates, one thing is clear: the world's attention is on Chinese AI. What's driving the rapid rise of the industry, and how is it changing our daily lives? China Daily spoke with people working at the forefront of AI to find out. #WAIC2026 #AI #technology #tech #vlog #robot
@ChinaDaily

[Stern Drew @SternDrewCrypto]

🚨 HISTORIC ALERT: Washington just SOLD EUROS to BUY Japanese YEN in an extremely rare market intervention.

The U.S. is now acting as the BANK OF JAPAN!!

This is concrete proof the Reverse Carry Trade UNWIND is already underway and accelerating FAST.

Trillions in cheap yen-funded bets across the globe are about to get violently crushed. Markets are going to seize up, risk assets will cascade lower, and the pain will be brutal.

They wouldn’t do this unless they were 100% certain the RCT reverse is happening RIGHT NOW.

This is how the 2008 crisis started… but 10x worse.

Brace yourselves!!