The demand for grains remains a sensitive issue in the market. Ukraine does not intend to impose any restrictions on wheat exports this season. The country is on the optimistic side in the export forecast. The USDA announced that China has again purchased a significant volume of soy from the U.S. Meanwhile, Europe is struggling to get the export statistics in order. Brazil could achieve a record soybean harvest this season, while just a bit further south, Argentina is facing flooding.
Analysis|Published: Nov 18, 2025
It does seem a bit odd that sabotage on the Polish railway, possibly involving the Kremlin, has more influence on the grain trade in Chicago than in Paris. On the other hand, it is certainly not the first time since the Russian invasion of Ukraine that something has happened in Poland. This could explain the more subdued reaction in Europe. For the first time in a month and a half, a Crop Progress report from the US was released. In Brazil, erratic weather is hindering farmers from planting the last soybeans.
Analysis|Published: Nov 14, 2025
The export of Dutch onions is progressing smoothly and the mood among sorters and exporters is quite positive. Meanwhile, growers are taking a look at the calendar and see that if they want to do something before Christmas, they cannot delay too long. What causes some disappointment is the quality of the onions. Not everyone has a clear idea of what the (internal) quality is.
Analysis|Published: Nov 14, 2025
For the first time in a long while, we have export figures from the US again. They do not make a big difference, but combined with the Wasde report - which is coming out again tonight (in Europe) after a brief hiatus - it creates some stir in the market. Tunisia has reportedly closed a tender for wheat. In Brazil, growers are busy planting soybeans. Due to drought, this is not going as smoothly in every area.
Analysis|Published: Nov 13, 2025
The grain market is having some trouble choosing a direction. Russian farmers are planting less wheat, but it will naturally take another small year before anything is noticeable in the physical market. In Europe, wheat exports are still not going particularly well, but the backlog in exports compared to last season is being reduced somewhat. In the US, federal employees are back to work after a 43-day shutdown. The fact that many figures regarding, among other things, exports and harvests were not published during that period could cause extra volatility in the coming days.
Analysis|Published: Nov 11, 2025
Players on the American grain exchange see things a bit rosier than their European counterparts. The nearing end of the U.S. government shutdown, which has lasted more than a month, plays a role in this. In terms of price, Europe is somewhat more in favor on the world market. However, a large order of wheat from Egypt did not lead to a revival in European wheat trade.
