# Steel Exports Hit 5-Month High, US Wheat Moves, & El Nino Threatens Rice Supply

Page: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/steel-exports-hit-5-month-high-us-wheat-moves-el-nino-threatens-rice-supply
Text version: https://stenobird.com/podcast/the-commodities-institute-podcast-7413714/steel-exports-hit-5-month-high-us-wheat-moves-el-nino-threatens-rice-supply.md
Podcast: [The Commodities Trade Institute Podcast](https://stenobird.com/podcast/the-commodities-institute-podcast-7413714)
Published: 2026-06-09T10:30:09+00:00
Episode link: https://podcasters.spotify.com/pod/show/zach2455/episodes/Steel-Exports-Hit-5-Month-High--US-Wheat-Moves---El-Nino-Threatens-Rice-Supply-e3khr63
Audio file: https://anchor.fm/s/10747c694/podcast/play/121219715/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-9%2Ff4b59d40-d620-cb80-ce46-086260d53664.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-commodities-institute-podcast-7413714/episodes/steel-exports-hit-5-month-high-us-wheat-moves-el-nino-threatens-rice-supply
Duration seconds: 571

## Resource

In today's episode, we analyze China's dramatic 29% drop in crude oil imports to an eight-year low and how it is ironically easing global price pressures amid the ongoing Hormuz blockade. In the agricultural sector, we explore why Brazil's historic farming edge over the US is collapsing under the weight of soaring imported fertilizer costs. Plus, we unpack the recovery of Asian LNG demand, Russia's mandated cuts to June crude exports, and the European Union's aggressive new proposal to tax electricity cheaper than gas. 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

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