Thursday, August 21, 2025
HomeBusinessWorld cereal prices still weighted by American corn

World cereal prices still weighted by American corn

Nevertheless,

World cereal prices still weighted:

On the Chicago Stock Exchange. In addition, at the end on Tuesday, the seeds were in the red: wheat ended in withdrawal $ 4.98 per bushel, corn at 3.79 dollars and soy at $ 10.12. Meanwhile,

Cereal lessons were still downwards on Wednesday in the world markets: “the American ogre” set the tone for corn. Similarly, while Russia should keep its hand on wheat with the beautiful harvest expected.

“Everyone is still in shock from the last USDA report”. However, the US Ministry of Agriculture, which provides for a record production of 425 million tonnes of yellow grain in the United States for the 2025-26 campaign, of the “never seen”, according to Damien Vercambre, of the Inter-Cuttage cabinet.

“The American ogre” continues to set the tone, not only for corn but also for soy, according to the broker.

On the Chicago world cereal prices still weighted Stock Exchange. Consequently, at the end on Tuesday, the seeds were in the red: wheat ended in withdrawal at 4.98 dollars per bushel (approximately 27 kg), corn at 3.79 dollars per bushel (about 25 kg) and soy at 10.12 dollars per bushel (about 27 kg).

«Crop tour»

After the latest American corn production estimates. Therefore, operators are impatiently awaiting the results of the Plaine Tour (“Crop Tour”) in progress in production areas, which will confirm or deny these forecasts.

“USDA figures were perhaps correct according to satellite data at the end of July. but those present in the field could see a different reality,” notes Michael Zuzolo, by Global Commodity Analytics and Consulting.

“The first counts provide high yields but perhaps not as much as announced. you have to wait a little longer to find out,” according to Gautier Le Molgat, CEO of Argus Media France.

Corn courses should world cereal prices still weighted remain sealed by the announced abundance of the cereal: in turn. the official Brazilian agency Conab has just raised its estimates for Safrinha, second of the year and larger Brazilian corn harvest, with a production estimate 2024-25 to 137 million tonnes, against 115.5 million tonnes the previous year.

On the other hand. the “hot stroke in France and Spain could penalize the end of the corn cycle”, notes Gautier Le Molgat. Additionally, The grasses’ leaves are already becoming brown. which blocks photosynthesis and therefore filling the grains, while the harvest will not start until the end of September.

But faced with the world’s profusion. this risk, which concerns a net importing Europe of corn and which could be swept by the return of a fresher and humid time, will weigh little on world prices, according to the analyst.

China absent

In addition. observers are attentive to the discussions initiated world cereal prices still weighted by US President Donald Trump to end the war between Russia and Ukraine.

For Michael Zuzolo. the market has already “integrated” the prospect of “a peace agreement”, which, according to him, means that “Donald Trump will not impose sanctions on Russia, China, Brazil and India in order to cut financial flows to Russia”.

“If President Putin is withdrawing from a peace agreement (…) President Trump could inflict fairly severe sanctions on most of these countries. the trade war could resume more and that will have a negative impact on agricultural prices,” he said.

Trained by corn. Furthermore, the course of wheat is hardly better off: it stagnates below 200 euros per tonne on the European market, at its lowest level of the year, which benefits a few buyers. France has recently sold wheat in Egypt and Tunisia, a country that preferred the Russian grain in recent months.

A boon for world cereal prices still weighted the western European which may not last: Russia Socecon. IKAR specialists recently noted their Russian wheat harvest estimate at more than 85 million tonnes.

“The Russian farmers. who made a little retention because of the low prices and also while waiting for new production estimates, started to sell again,” said Damien Vercambre.

In the agricultural markets. the broker finally notes the virtual absence of China – apart from barley orders in France and Australia – which maintains the mystery concerning its strategy in a context of commercial showdown with the United States.

World cereal prices still weighted

Further reading: AF Gruppen wins a renovation contract of 342 million Nok in NorwayIs Donald Trump losing the bond battle?What will we see on the BMW stand in the Munich show?Promises in the Torpit Auûtienne“Who would have imagined such amounts?” »: In 2025, the real estate contribution of the French took over the meters… especially in these two cities.

hadley.scott
hadley.scott
Hadley’s “Byte-Size Justice” series demystifies cybersecurity law with courtroom-sketch memes.
Facebook
Twitter
Instagram
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments