Wheat
-
USDA: U.S. supply slightly tightened, exports up, ending stocks down - trend: slightly up
-
IGC: Global production at record level, demand rising, stocks slightly replenished - trend: stable to slightly rising
Maize (Corn)
-
USDA: Record production forecast, higher exports & use, ending stocks up sharply - trend: falling (price pressure from supply)
-
IGC: Global production & consumption rising, global stocks increased - Trend: stable to slightly falling
Crude oil (Brent)
-
No direct data in WASDE or IGC - Trend: neutral, further developments to be checked via additional sources.
Stockpiles & exports
-
USDA: Corn ending stocks massively increased; wheat ending stocks slightly lower; soybean stocks falling - Trend: bullish for corn (supply), bearish for soybeans
-
IGC: Global stocks up slightly, trade growing - Trend: stable to slightly bullish
Outlook (2-4 weeks)
| product | Expected trend |
|---|---|
| Wheat | Steadily rising |
| Corn | Slightly falling |
| Rapeseed / oilseed rape | Stable to slightly rising |
| Crude oil (Brent) | Sideways (neutral) |
