Agri- Commodities: 13-17/1/25
Jan 20, 2025
Monday Corn and soybeans carried over Friday's bullish momentum, supported by a favorable USDA report, while CBOT wheat also strengthened, likely driven by short covering by funds. Robust U.S. export inspections added to the optimism, with corn volumes exceeding expectations at 1.44 million tons. However, concerns over Argentina's crops emerged as heat waves and inadequate rains threatened yields. Meanwhile, funds extended their net long positions in corn while trimming shorts in soybeans, signaling a bullish stance on the complex.
Tuesday The rally in corn and soybeans faltered, with both commodities closing lower despite early gains. Wheat prices diverged, as CBOT wheat edged slightly higher, but European MATIF wheat declined notably. Brazil’s CONAB made minor revisions to its crop forecasts, with discrepancies against USDA estimates remaining significant. U.S. CPI data loomed over markets, while Jordan secured milling wheat at a marginally lower price, reflecting competitive dynamics in international trade.
Wednesday Markets were directionless, ending mixed across the board. Corn held steady near a seven-month high, while soybeans declined for the second straight session. MATIF wheat saw continued pressure despite marginal gains in CBOT wheat. FranceAgriMer maintained its soft wheat export forecast but nudged ending stocks slightly higher. Ukrainian farmers signaled intentions to pivot away from soybeans toward corn, reflecting market shifts. Meanwhile, NOPA's record soybean crush highlighted strong processing demand in the U.S.
Thursday Soybeans led a broad-based market decline, driven by wetter forecasts for Argentina and improved outlooks for Brazil’s crop. U.S. weekly export sales were mixed, with disappointing soybean sales contrasting with decent corn and wheat volumes. Winterkill risks emerged for U.S. wheat regions due to expected cold snaps.
Friday Corn and soybeans rallied ahead of the U.S. three-day holiday weekend, buoyed by weather concerns in Argentina and renewed optimism following a constructive call between U.S. and Chinese leaders. However, China's December grain import data revealed stark year-over-year declines, with corn and wheat imports falling 93% and 75%, respectively. Fund activity highlighted notable shifts: funds aggressively bought soybeans, flipping to a net long position, while extending their net longs in corn and increasing net shorts in wheat.
Weekly Recaps
Commodities
Agri- Commodities:
11-15/08/25 Agri
Aug 18, 2025
Grain markets experienced another volatile week as political developments, trade disputes, and bearish USDA data drove sentiment. Early in the week, soybeans surged on speculation that Chinese buying might resume following Donald Trump’s extension of tariff pauses, but corn and wheat failed to follow. Export inspections painted a mixed picture, with corn and soybeans performing well while wheat lagged. The USDA’s August WASDE loomed large over the market, with traders bracing for higher yield estimates.
Freight
Freight Recap:
14/08/25
Aug 14, 2025
The dry bulk market presented a mixed performance this week, with the Supramax segment edging higher, Handysize holding steady with minor gains, and Panamax showing a regional split — weaker in the Atlantic, firmer in the Pacific.
Commodities
Agri- Commodities:
04–08/08/25 Agri
Aug 11, 2025
Grain markets swung sharply this week, rebounding midweek before easing, driven by yield outlooks, export data, and geopolitical headlines.
Freight
Freight Recap:
7/08/25
Aug 07, 2025
Port of Callao halted operations after an Evergreen ship lost 50 containers during rough weather. Meanwhile, July's freight data shows the market stuck in a supply-heavy “holding pattern,” with capacity expanding but pricing rising faster — suggesting a slow, uneven recovery in logistics and transportation
