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December SRW wheat closed at $5.24/bu, down 1.5%, and corn and HRW wheat also fell on October 30. Treasury Secretary Bessent said China agreed to buy 25 million tonnes of US soybeans annually and pledged 12 million tonnes by January.
The European Commission raised its 2025/26 EU soft wheat forecast to 133.4 million tonnes.
The China soybean commitment supports soybean and soymeal demand, while wheat and corn remain under pressure from ample supply. Feed buyers should expect soymeal values to firm on export demand.
blog.sizov.reportAndrey SizovOct 31, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
