What could happen to the global price of soybeans, wheat, and corn in 2025?

Published 2024년 12월 11일

Tridge summary

The article provides an overview of the agricultural commodity futures market for 2024 and looking into 2025, with a focus on key factors that could impact grain trade. It highlights the United States' strong performance in soybean and corn crops, along with favorable conditions in South America, leading to lower prices for cereal futures. However, political factors and international conflicts could introduce uncertainty, affecting trade dynamics. The article also touches on the balance sheet trends for grains, the impact of weather on production in Argentina, and the tight balance sheet and production challenges in the oil sector, particularly palm oil. The potential impacts of the new Republican administration in the U.S. and international conflicts, such as the war in the Black Sea and tensions in the Middle East, are highlighted as wildcards that could introduce volatility in commodity markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2024, agricultural commodity futures were mostly down Soybean, wheat and corn price outlook in 2025: What factors will make the difference? With a bumper crop in the United States and a good outlook for the ongoing South American campaign, agricultural futures face a complex end of the year, marked in turn by political variables that add uncertainty to international grain trade. The North American country had, as mentioned, a great campaign, one of the most important for soybeans and corn, around 121 and 385 million tons respectively. Added to this, the South American campaign also seems very promising, with the weather so far supporting the crops. In Brazil, the USDA projects 169 Mt, which would be a record for the country, and for Argentina they expect 52 Mt. And, on the demand side, which shows a fall against the previous campaign, with China expected to demand 109 Mt (-3 Mt against the previous campaign). With a balance sheet that has been growing since the 2021/22 campaign ...

Source: Defrentealcampo