Agri- Commodities 30-04/07/25
Jul 07, 2025
Monday The week began with growing consensus that the USDA’s upcoming acreage revisions will have minimal impact on U.S. corn and soybean supply estimates. This outlook kept prices largely steady in those markets. Wheat continued to face pressure, with September and December MATIF milling wheat futures falling to new contract lows before recovering slightly, supported only by the lack of fresh bearish information from the USDA.
Tuesday Corn prices declined following a surprisingly positive update on U.S. crop conditions, which reinforced expectations for strong yields and weighed on the market. Soybeans closed the session essentially unchanged amid a cautious atmosphere. Wheat futures in the U.S. moved higher, though European MATIF wheat tested new contract lows again. The rising euro posed increasing challenges for European exporters, further dampening wheat market sentiment in the region.
Wednesday Ahead of the U.S. Independence Day holiday, grain and oilseed markets saw a notable rebound. Corn and wheat futures each climbed nearly 3%, while soybeans gained over 2%, driven by bargain buying and technical support. Euronext wheat also edged up on a weaker euro, despite ongoing bearish sentiment. Speculators increased short positions in MATIF wheat and cut back long holdings in rapeseed, reflecting cautious positioning in European markets.
Thursday Trade was mixed on Thursday as market participants adjusted positions before the extended holiday weekend. Corn and soybeans made modest gains, supported by export demand and weather concerns. Wheat retreated after two days of gains, pressured by advancing harvest and risk reduction ahead of the break. Euronext wheat rose on short covering and a softer euro, though fundamental factors remained weak.
Friday With U.S. markets closed for Independence Day, European trade set the pace. Euronext wheat futures eased due to a firmer euro, ongoing harvest progress, and sluggish export demand. Upon reopening, CBOT wheat dropped more than 3%, reaching a one-week low amid intensified harvest pressure globally. Corn and soybeans fell about 1.3% each as improving weather lifted yield expectations. Attention now turns to updated U.S. crop ratings, the delayed CFTC report, and the USDA WASDE report scheduled for next Friday.
Weekly Recaps
Freight
Freight Recap:
17/07/25
Jul 17, 2025
Shipping markets confront growing disruption amid unexplained Russian bank freezes and impending US trade tariffs, complicating payments and trade between key regions.
Commodities
Agri- Commodities:
07–11/07/25 Agri
Jul 14, 2025
Grain markets fell on favorable U.S. weather and better crop ratings. Corn dropped to a one-week low; wheat declined as harvest reached 53%. Soybeans were steady, supported by strong export demand and positioning ahead of pollination. USDA data showed higher corn and soybean export inspections, including firm soybean export demand. New corn sales to Mexico and a wheat agreement with Indonesia also added to the day’s developments. Market watched updated crop ratings, fund moves, tariffs, and EU trade data.
Freight
Freight Recap:
10/07/25
Jul 10, 2025
Shipping markets continue to face growing security risks. Two alarming incidents were reported in the Red Sea, where a Greek-operated bulk carrier was seriously damaged by a sea drone attack, resulting in injuries and crew missing.
Commodities
Agri- Commodities:
30–04/07/25 Agri
Jul 07, 2025
The week began with growing consensus that the USDA’s upcoming acreage revisions will have minimal impact on U.S. corn and soybean supply estimates. This outlook kept prices largely steady in those markets. Wheat continued to face pressure, with September and December MATIF milling wheat futures falling to new contract lows before recovering slightly, supported only by the lack of fresh bearish information from the USDA.
