Agri- Commodities 29-03/10/25
Oct 06, 2025
Monday The week began with a relatively slow session, as prices moved in narrow ranges on low volumes ahead of USDA reports due this evening. Being the last day of the month and the quarter, some position-squaring could take place, and the increased liquidity from the reports may provide the opportunity.
Tuesday Bearish USDA reports gave funds no reason to cover their short positions and instead encouraged additional selling, pushing corn and wheat prices lower. Nearby wheat contracts are again trading at new lows in both European and U.S. futures.
Wednesday Grains stayed under pressure as markets continued digesting bearish USDA data, but quickly bounced after Donald Trump weighed in on social media. December MATIF milling wheat started off weak, sliding to new contract lows, but found support at the key 185 EUR level as that move helped make European wheat more competitive in export markets.
Thursday Prices moved higher across the board. With U.S. weekly releases now halted indefinitely, fresh news was limited, but after recent pressure on prices, Trump’s comments were enough to spark a recovery. Whether some kind of trade agreement can be reached between the U.S. and China remains to be seen, but one thing is clear: the absence of Chinese demand is becoming increasingly painful for U.S. farmers.
Friday Grains ended mostly lower after a week that brought fresh lows in wheat, a rebound in soybeans, and new record highs in U.S. stock indices despite the ongoing partial government shutdown. The latter has left traders without access to key U.S. ag data. The week’s movements underscored how quickly trade sentiment can shift across regions, with competitiveness and export dynamics best tracked through Trade Flows, as markets now look to the results of Saudi Arabia’s wheat tender to set the tone for sentiment in the days ahead
Weekly Recaps
Commodities
Agri- Commodities:
29-03/10/25 Agri
Oct 06, 2025
The week began with a relatively slow session, as prices moved in narrow ranges on low volumes ahead of USDA reports due this evening. Being the last day of the month and the quarter, some position-squaring could take place, and the increased liquidity from the reports may provide the opportunity.
Freight
Freight Recap:
02/10/25
Oct 02, 2025
The dry bulk market displayed mixed conditions, with Handysize maintaining its upward momentum, Supramax undergoing further corrections, and Panamax continuing to weaken across both basins. Atlantic activity showed some resilience in smaller segments, while Asia was muted due to regional holidays. Broader sentiment in larger segments remained under pressure, influenced by excess tonnage and soft FFA signals.
Commodities
Agri- Commodities:
22-26/09/25 Agri
Sep 29, 2025
Grain markets opened the week under pressure after Argentina suspended export taxes on soy, corn, wheat, and by-products. The move sparked expectations of aggressive short-term sales, sending Chicago wheat to fresh contract lows and weighing on soybeans and soy products. MATIF wheat held just above recent lows ahead of Algeria’s tender, though sentiment remained weak as U.S. futures fell again and the euro strengthened to 1.18. U.S. inspections showed lighter soybean and corn volumes, while wheat topped expectations. Crop progress confirmed steady harvest advances but slight condition declines, with winter wheat planting just behind forecasts.
