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:
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.
