Agri- Commodities 25-29/08/25
Sep 01, 2025
Monday Soybeans fell, while C-B-O-T wheat and corn closed in the green, though both retreated from intraday highs as the dollar strengthened. A weaker euro supported M-A-T-I-F wheat, which rebounded but remains in back-and-forth trade. U.S. corn and soybean condition ratings came in stronger than expected, though findings from last week’s crop tour continue to cast doubt on the USDA’s corn yield projection.
Tuesday Grains lacked clear direction, closing mixed within a 1% range. Reports that China’s top negotiator will visit the U.S. lifted soybeans early, but optimism faded as doubts remained about any breakthrough. A surprise increase in U.S. soybean condition ratings pointed to potential for a strong crop, limiting gains. Wheat prices were mixed, with Chicago slightly higher, M-A-T-I-F steady, and Kansas December futures dropping to new contract lows.
Wednesday Prices fell across the board. Wheat stayed under the most pressure, with Kansas December wheat setting fresh contract lows and M-A-T-I-F wheat hovering just 1 euro above the same level. A generally solid wheat crop allowed buyers to stick to hand-to-mouth purchasing strategies. Corn’s rally from the U.S. crop tour also lost momentum, with prices posting a second consecutive daily decline.
Thursday U.S. wheat and corn futures overcame early weakness to close higher on short covering, aided by a weaker dollar. The last trading day of the month brought position adjustments ahead of the U.S. long weekend and the first notice day for C-B-O-T September contracts. In Europe, M-A-T-I-F wheat continued its decline, with December prices moving toward the 190 level.
Friday Corn surged about 2.5% in the most liquid contract, ending the month strongly as skepticism grew over the USDA’s optimistic yield outlook. Fund data confirmed active buying through last Tuesday, with momentum likely persisting into the weekend. Wheat followed corn higher but still ended the month lower overall. Seasonally, September tends to offer firmer ground for wheat prices.
Weekly Recaps
Freight
Freight Recap:
18/12/25
Dec 18, 2025
The dry bulk market saw a softer overall tone, with Handysize holding largely flat, Supramax weakening across both basins, and Panamax continuing its decline despite some localized Atlantic support. Activity levels remained muted in many regions, with owners increasingly seeking cover ahead of the holiday period. The Atlantic showed mixed signals across segments, while the Pacific faced longer tonnage lists and weaker demand, keeping pressure on rates.
Commodities
Agri- Commodities:
08-12/12/25 Agri
Dec 15, 2025
CBOT markets finished lower ahead of Tuesday’s WASDE, which was widely expected to lack bullish surprises. MATIF wheat was the exception, posting small gains. Russian 12.5% protein wheat FOB for January delivery edged up by $0.5 w/w to $227.5/t, according to IKAR. Geopolitical headlines remained in focus after Ukrainian President Volodymyr Zelenskiy said US-brokered peace talks remain stalled over security guarantees and control of eastern Ukraine, particularly the Donbas.
Freight
Freight Recap:
11/12/25
Dec 11, 2025
The dry bulk market saw a softer overall tone, with Handysize holding largely flat, Supramax weakening across both basins, and Panamax continuing its decline despite some localized Atlantic support. Activity levels remained muted in many regions, with owners increasingly seeking cover ahead of the holiday period. The Atlantic showed mixed signals across segments, while the Pacific faced longer tonnage lists and weaker demand, keeping pressure on rates.
Commodities
Agri- Commodities:
01-05/12/25 Agri
Dec 08, 2025
USDA announced no new flash sales, disappointing soybean markets. Weekly export sales remain delayed and have not yet reached the period covering the US–China trade deal, leaving the true pace of buying uncertain. CBOT corn and wheat eased, while March MATIF wheat posted small gains after finding support at intraday contract lows. ABARES raised Australia’s 2025/26 wheat, barley, and canola output, though the increases were broadly in line with expectations. Algeria’s OAIC issued a soft wheat tender for February shipment, and Russian wheat prices slipped again, with 12.5% FOB for January at $227/t.
