# Jerry Gulke: Trump Administration Sinks Grain Markets After Dropping Ball on Trade and Biofuels - AgWeb

> Jerry Gulke says grain markets are bearish due to slow progress on tariff and trade deals and uncertainty over biomass-based diesel blending mandates. July corn fell 6¼ cents for the week, with new-crop December corn making a new low for the year. Soybean oil and soybeans sold off late in the week.

- Date: 2025-05-16 · published 2025-05-16T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/6683-jerry-gulke-trump-administration-sinks-grain-markets-after-dropping-ball-on
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Doubts over trade purchases and biofuel mandates weigh on corn and soybean oil demand, keeping feed and oilseed prices under pressure until firm deals emerge.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-09-22 | [EXCLUSIVE: EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document \| Reuters](https://feedsoft.ai/events/44932-exclusive-exclusive-biden-administration-mulls-big-cuts-to-biofuel-mandates-in.md) | +1.6% | +2.0% |
| CORN | 2019-08-21 | [Lacking US biofuel demand undermining grain prices: Grain Market Daily \| AHDB](https://feedsoft.ai/events/57687-lacking-us-biofuel-demand-undermining-grain-prices-grain-market-daily-ahdb.md) | +1.9% | +1.2% |
| CORN | 2022-12-02 | [U.S. grains: Soy snaps win streak on disappointing biofuel mandates - AgCanada](https://feedsoft.ai/events/38340-u-s-grains-soy-snaps-win-streak-on-disappointing-biofuel-mandates-agcanada.md) | -1.9% | +2.9% |
| CORN | 2022-01-20 | [Biden Administration Looks for Ways to Get China to Meet Phase One Deal Ag Commitments](https://feedsoft.ai/events/14962-biden-administration-looks-for-ways-to-get-china-to-meet-phase-one-deal-ag.md) | +1.6% | +6.7% |
| CORN | 2018-07-24 | [USDA announces $12 billion in programs for farmers affected by trade war - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/64020-usda-announces-12-billion-in-programs-for-farmers-affected-by-trade-war-agweek.md) | +1.7% | +1.4% |
| SBO | 2021-09-22 | [EXCLUSIVE: EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document \| Reuters](https://feedsoft.ai/events/44932-exclusive-exclusive-biden-administration-mulls-big-cuts-to-biofuel-mandates-in.md) | +4.9% | +12.0% |
| SBO | 2025-11-03 | [Shifting Biofuel Demand Reshapes Global Oil Markets](https://feedsoft.ai/events/22041-shifting-biofuel-demand-reshapes-global-oil-markets.md) | -0.7% | +4.3% |
| SBO | 2022-01-05 | [Baking group seeks EPA change on biofuel mandate \| Supermarket Perimeter](https://feedsoft.ai/events/15427-baking-group-seeks-epa-change-on-biofuel-mandate-supermarket-perimeter.md) | +0.7% | +6.3% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/jerry-gulke-trump-administration-sinks-grain-markets-after-dropping-ball-

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.