Agri- Commodities 20-24/10/25
Oct 27, 2025
Monday Began on a firm note, particularly for soybeans, which rallied sharply on upbeat remarks from President Trump about a potential trade deal with China. The oilseed market gained double digits amid rising hopes of resumed Chinese purchases. Wheat and corn, by contrast, traded mixed, with bearish pressure from improved Russian and Australian wheat crop outlooks limiting upside. IKAR raised Russia’s 2025 wheat forecast to 88.0 mmt and Australia’s harvest was seen near 36 mmt—its third largest on record. Still, lower prices encouraged demand, with Algeria issuing a December wheat tender.
Tuesday brought a modest correction as profit-taking emerged across grains. Broader commodity markets were dominated by a selloff in precious metals, diverting speculative interest from agriculture. Wheat, corn, and soybeans all softened amid limited fresh news, and talk of a potential peace plan between Europe and Ukraine added mild downward pressure on wheat. EU wheat exports remained behind last year’s pace at 5.87 mmt, while Brazil’s corn-ethanol expansion signaled longer-term tightening of exportable supply.
Wednesday Saw renewed strength, with all three major grains rebounding despite a general decline in US equities tied to tensions with China. Algeria’s large wheat purchase—at least 570 k tons for December shipment—provided support to international prices, though French origins were again excluded. Japan’s plans to increase US soybean imports further buoyed the complex. Meanwhile, Trump’s new sanctions on Russian oil firms underscored the geopolitical risks surrounding commodity trade.
Thursday Featured a notable rally in US wheat futures, led by Kansas City contracts, which jumped more than 2%. Rumors of fresh Chinese soybean buying and possible HRW wheat interest circulated ahead of next week’s Trump–Xi summit. The International Grains Council raised its global wheat production forecast by 8 mmt to 827 mmt, confirming ample global supply even as speculative buying lifted futures.
Friday The week ended on a quieter note, with corn slipping more than 1% while wheat and soybeans held steady. Weekend reports of a preliminary US–China trade framework reignited optimism, pushing prices higher in early Monday trade. The agreement reportedly includes renewed Chinese soybean purchases and a delay in tariff escalations. Meanwhile, Turkey’s wheat crop was revised lower to 17.9 mmt, and cooler US inflation data raised expectations for Federal Reserve rate cuts later this year
Weekly Recaps
Freight
Freight Recap:
6/11/25
Nov 06, 2025
The dry bulk market experienced a generally softer tone this week, with most segments facing mild corrections. The Handysize and Supramax sectors saw limited fresh activity, while the Panamax market showed brief midweek stability before continuing its downward trajectory. Weak demand across basins and growing vessel availability placed pressure on rates, though select regional improvements offered some support.
Commodities
Agri- Commodities:
27-31/10/25 Agri
Nov 03, 2025
Grain markets opened the week firmer after upbeat headlines on a potential U.S.–China trade deal lifted risk appetite across commodities. The optimism came despite limited clarity on agricultural commitments and lingering pressure from weaker export data.
Russian wheat prices were slightly lower, while EU maize yields were trimmed further. In Argentina, the peso strengthened after President Javier Milei’s party secured a midterm victory. U.S. harvest progress advanced, though export inspections remained subdued.
Freight
Freight Recap:
30/10/25
Oct 30, 2025
Freight markets continued to ease across the board this week, with Panamax, Supramax, and Handysize segments all facing renewed pressure. Sentiment turned cautious as limited fresh demand and increasing tonnage lists in both basins weighed on rates, suggesting that the short-lived rally in mid-October may have topped out.
Commodities
Agri- Commodities:
20-24/10/25 Agri
Oct 27, 2025
Grain markets experienced a volatile but directionally mixed week, driven by optimism surrounding renewed US–China trade talks, fluctuating macro sentiment, and shifting global production estimates. Soybeans led early in the week, supported by trade optimism and strong export inspections, while wheat and corn were more restrained, pressured by abundant supply outlooks and mixed demand signals.
Monday began on a firm note, particularly for soybeans, which rallied sharply on upbeat remarks from President Trump about a potential trade deal with China. The oilseed market gained double digits amid rising hopes of resumed Chinese purchases. Wheat and corn, by contrast, traded mixed, with bearish pressure from improved Russian and Australian wheat crop outlooks limiting upside. IKAR raised Russia’s 2025 wheat forecast to 88.0 mmt and Australia’s harvest was seen near 36 mmt—its third largest on record. Still, lower prices encouraged demand, with Algeria issuing a December wheat tender.
