Agri- Commodities 27-1/08/25
Aug 04, 2025
Monday
opened with pressure across CBOT markets as favorable U.S. weather and Argentina’s cut to export taxes weighed on soybeans and corn, pushing both further below key psychological thresholds of $10 and $4, respectively. A new EU–U.S. trade agreement failed to lift agricultural prices but contributed to a sharp decline in the EUR/USD, offering direct support to MATIF wheat. U.S. wheat futures remained mostly unchanged.
Tuesday
saw MATIF wheat reverse course, giving back most of Monday’s gains despite a weaker euro. U.S. futures declined across the board amid sustained expectations for strong domestic corn and soybean yields. Market participants remained cautious ahead of ongoing U.S.–China trade talks, which were expected to yield limited progress. The Federal Reserve was also in focus, with rate decisions and commentary anticipated to influence currency and commodity markets.
Wednesday
brought a mixed session as wheat markets diverged; CBOT edged up while MATIF slipped again, reflecting the ongoing drop in the EUR/USD and concerns over slow harvest progress in Europe. Soybeans fell for the eighth straight session, while corn steadied somewhat in quiet trade. Month-end positioning emerged as a potential driver of fund activity.
Thursday
marked a poor end to July for grains, with December contracts in both MATIF and CBOT wheat hitting new lows. Soybeans extended their decline amid frustration over lackluster progress in U.S.–China negotiations. However, nearby corn and Kansas wheat futures posted gains, buoyed by new U.S. export sales.
Friday
opened August on a bearish note, with financial markets reacting to updated U.S. import tariffs and weaker-than-expected jobs data. The broader selloff spilled into agricultural markets, driving further losses in wheat and corn. Soybeans were the only exception, closing unchanged.
Weekly Recaps
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.
Freight
Freight Recap:
04/12/25
Dec 04, 2025
The dry bulk market saw a generally mixed performance, with Handysize remaining supported in the Atlantic, Supramax showing uneven movement across regions, and Panamax continuing its correction as rising vessel supply weighed on sentiment. Atlantic dynamics were split between firmer US Gulf/US East Coast activity in the smaller segments and softer conditions for Panamax. In the Pacific, muted enquiry and longer lists contributed to a softer tone, especially in NoPac, though isolated strength persisted in Australian coal.
Commodities
Agri- Commodities:
24-28/11/25 Agri
Dec 01, 2025
Wheat opened the week lower after Saudi Arabia’s tender came in sharply priced, while soybeans and corn also finished slightly weaker. Market reaction to the Trump–Xi call remained muted, particularly for soybeans, where repeated political signals have not delivered the expected demand. Saudi Arabia’s GFSA bought 300k tons of wheat for March–April arrival at $257.96–$259.74/t CnF, roughly $5–$5.50 below the previous tender, with February slots skipped. Russian 12.5% protein wheat eased by $1 to $228/t FOB according to IKAR, and MARS reported that winter-cereal sowing in Europe is largely complete under mostly favorable conditions. US winter wheat conditions improved to 48% good/excellent, two points above the five-year average.
USDA confirmed private sales of 123k tons of US soybeans to China, bringing known 25/26 sales to 1.94 mmt, with an additional 0.62 mmt sold to “unknown” since October. Weekly US export inspections showed 799k tons of soybeans, 1,632k tons of corn, and 475k tons of wheat. No soybeans were shipped to China, leaving total inspections well behind last year’s levels.
