Market Comment
Rally fades as reality sets in
Since last week’s superpower meeting, the ag market has gone on something of a tear. Wheat was up 30¢/bu, corn up 5¢/bu and soybeans up
Nick Booth
November 7, 2025
Since last week’s superpower meeting, the ag market has gone on something of a tear. Wheat was up 30¢/bu, corn up 5¢/bu and soybeans up
Harvest has kicked off in earnest in NSW and is winding down in Queensland. Victoria and SA have made a start, and we are still
This week’s meeting between Presidents Trump and Xi largely lived up to expectations, we think. High on the agenda, and one of the most closely
Despite the rise of canola as a break crop, pulses remain a very important part of the crop rotation for broadacre croppers. In fact, the
Without the usual run of USDA trade data to generate headlines, the wheat market has been rela-tively subdued this week. In the absence of meaningful
Harvest is about to ramp up, and with harvest comes harvest pressure. There has been little to get excited about in international markets for grain
It never ceases to amaze how quickly politics can turn market sentiment. This week, the slumbering trade dispute between the US and China flared back
We’ve been following the hay market for a couple of months now, since prices peaked at the end of winter. The slide in hay prices
There was a brief spark in the wheat market overnight after Russia’s Deputy Agriculture Minister revealed that the country’s sown wheat area for the 2026
The latest Wheatcast forecast was released last week, and while it’s a good read for statistics nerds, it’s not great news for wheat supply. Further
Another week gone, another week dictated by happenings in the US. This week, the USDA published its September US stocks report. Both corn and wheat
Seasonality exists in most agricultural commodity markets. Prices tend to move in similar patterns at certain times of the year, as supply, demand, and uncertainty
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