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:
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.
