The World Cup has turned America into a discovery channel for the rest of the world. And they are not handling it well. In the best possible way. Here is what they are discovering: Free public restrooms. Europeans pay every time. Free water at every restaurant. Just appears. Free refills. Coffee. Sodas. Iced tea. Unlimited. Free chips and salsa before you even order. Free warm bread with dinner. Ice in drinks like civilized people. Air conditioning everywhere. Not a moral debate. A fact. Parking lots attached to the actual place you are going. Drive throughs where the food comes to the car while you sit in it. Ranch dressing by the gallon. Tex-Mex that cannot be explained only experienced. Dental care that actually works. Buccee’s. There are no words for Buccee’s. Then they found the grocery stores. Five of them within one mile. Each one the size of an aircraft hangar. Burgers. Steaks. Brisket. Ribs. Pulled pork. Lamb. Veal. Every cut of every animal ever domesticated by human civilization available in one refrigerated aisle at ten in the morning on a Tuesday. The Germans stood in the meat section for forty five minutes. In silence. Processing. They finally understand why we do not have trains. We have roads wide enough for the cars we actually drive. Parking lots the size of small European countries. Airports in every city worth visiting. Why would we need trains. The Germans are taking ranch home by the bottle. The Dutch found queso and briefly lost the ability to speak. The Japanese are photographing HEB like it is the Louvre. The Czechs are weeping in West, Texas. Welcome to America. Everything is free, enormous, air conditioned, comes with chips, and has five grocery stores within a mile that will sell you any cut of any animal you have ever imagined. Write that down. 🦋

Soybean Complex (beans, oil, meal): Funds RECORD LONG! Why this shall not end well for them, again... - Soy world stocks RECORD HIGH - US bean exports won't ever be the same (no, CH won't "save the day") - Soyoil story is overhyped - US soy are increase - etc... The SPEC BOAT is starting to crack... Lookout

No. Because: (a) Farmers plan and order fertilizer two seasons in advance of planting, especially for large-scale crop production. (b) September/October is when farmers ordered for this spring. (c) Fertilizer is already on hand for this year's spring planting.

No, China doesn't strictly "need" US soybeans. Its ~100 MMT annual import demand is met mostly by Brazil (87 MMT in 2025 amid record 180 MMT production). US share dropped to 7 MMT due to 2025 tariffs/trade tensions. They buy US beans for diversification (weather/logistics risks from Brazil), quality edges (often better oil/protein specs, lower moisture), and seasonal timing. Trade deals target 25 MMT in 2026, but with Brazilian prices cheaper and recent tariff shifts, actual volume may fall short unless economics align. US exports can shift to other markets, but China remains key buyer overall.