# Black Sea Wheat, Red Sea Oil, Lithium Drops 4%, Beef Down 10% Page: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/black-sea-wheat-red-sea-oil-lithium-drops-4-beef-down-10 Text version: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/black-sea-wheat-red-sea-oil-lithium-drops-4-beef-down-10.md Podcast: [The Commodities Trade Institute Podcast](https://stenobird.com/podcast/the-commodities-institute-podcast-7413714) Published: 2026-07-21T11:13:03+00:00 Episode link: https://podcasters.spotify.com/pod/show/zach2455/episodes/Black-Sea-Wheat--Red-Sea-Oil--Lithium-Drops-4--Beef-Down-10-e3mbob4 Audio file: https://anchor.fm/s/10747c694/podcast/play/123117348/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-6-21%2F39f911bd-65a3-ec86-226d-25927916e32b.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-commodities-institute-podcast-7413714/episodes/black-sea-wheat-red-sea-oil-lithium-drops-4-beef-down-10 Duration seconds: 379 ## Resource Russian wheat export prices surged seven dollars to two hundred forty-one dollars per ton following Black Sea shipping halts, while Red Sea blockade threats pushed crude toward eighty-nine dollars a barrel despite U.S.-guided transit attempts in the Strait of Hormuz. Simultaneously, Chinese lithium futures dropped over four percent to five-month lows on long-term oversupply fears, Brazilian beef exports fell ten percent after exceeding China’s tariff-free quotas, and new U.S. aluminum tariff incentives aim to boost domestic smelting capacity. https://www.commoditiesinstitute.com FOLLOW US @commoditiesinstitute Instagram - https://www.instagram.com/commoditiesinstitute Facebook - https://www.facebook.com/61584221970761 TikTok - https://www.tiktok.com/@commoditiesinstitute YouTube - https://www.youtube.com/@commoditiesinstitute Listen to the Podcast: Spotify Podcast - https://open.spotify.com/show/6eO2y40mmH5J8boeF0ANjJ Apple Podcast - https://podcasts.apple.com/us/podcast/the-commodities-institute-podcast/id1826784341 Commodities Market Oil Metals News Trading Agriculture Policy Politics Energy ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-commodities-institute-podcast-7413714/episodes/black-sea-wheat-red-sea-oil-lithium-drops-4-beef-down-10/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/black-sea-wheat-red-sea-oil-lithium-drops-4-beef-down-10.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.