Grains Report 06/10/2025

DJ USDA Grain Inspections for Export in Metric Tons – Jun 9
WA_GR101
Washington, DC Mon Jun 9, 2025 USDA Market News
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND WEIGHED
THROUGH THE AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT. NO ADDITIONAL ANALYSIS,
COMPILATIONS OR DATA IS AVAILABLE
GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT
REPORTED IN WEEK ENDING JUN 05, 2025
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 06/05/2025 05/29/2025 06/06/2024 TO DATE TO DATE
BARLEY 597 0 599 98 599
CORN 1,656,562 1,641,722 1,340,755 50,302,217 39,134,232
FLAXSEED 0 0 0 0 0
MIXED 0 0 0 122 572
OATS 0 0 100 0 100
RYE 0 0 0 0 0
SORGHUM 27,571 9,118 179,397 1,804,551 5,141,511
SOYBEANS 547,040 301,459 234,061 45,188,245 40,543,390
SUNFLOWER 0 0 384 0 6,869
WHEAT 290,957 553,409 352,901 168,084 297,315
Total 2,522,727 2,505,708 2,108,197 97,463,317 85,124,588
CROP MARKETING YEARS BEGIN JUNE 1 FOR WHEAT, RYE, OATS, BARLEY AND
FLAXSEED; SEPTEMBER 1 FOR CORN, SORGHUM, SOYBEANS AND SUNFLOWER SEEDS.
INCLUDES WATERWAY SHIPMENTS TO CANADA

0 This Week Last Week Last Year Average
Cotton Planted 78 66 79 80
Cotton Squaring 12 8 13 12
Corn Planted 97 93 94 97
Corn Emerged 87 78 83 87
Soybeans Planted 90 84 86 88
Soybeans Emerged 75 63 68 72
Sorghum Planted 54 46 63 61
Peanuts Planted 90 81 89 90
Oats Planted 97 94 96 95
Oats Emerged 91 88 91 90
Oats Headed 38 33 40 37
Sunflowers Planted 58 41 59 56
Rice Emerged 93 88 92 91
Winter Wheat Headed 88 83 88 86
Winter Wheat Harvested 4 3 11 7
Spring Wheat Emerged 82 73 82 81
Barley Planted 97 90 97 96
Barley Emerged 80 71 82 84

Very Poor Poor Fair Good Excellent
Cotton This Week 10 11 30 43 6
Cotton Last Week 8 14 29 44 5
Cotton Last Year 2 6 36 49 7

Corn This Week 1 4 24 58 13
Corn Last Week 1 4 26 57 12
Corn Last Year 1 4 21 58 16

Soybeans This Week 1 4 27 58 10
Soybeans Last Week 1 4 28 58 9
Soybeans Last Year 1 3 24 60 12

Rice This Week 0 3 20 54 23
Rice Last Week 1 4 20 53 22
Rice Last Year 1 2 15 68 14

Peanuts This Week 1 5 28 60 6
Peanuts Last Week 2 5 28 59 6
Peanuts Last Year 1 4 29 62 4

Winter Wheat This Week 5 11 30 46 8
Winter Wheat Last Week 6 12 30 44 8
Winter Wheat Last Year 6 13 34 39 8

Oats This Week 8 8 32 48 6
Oats Last Week 6 6 36 44 6
Oats Last Year 6 4 20 60 10

Spring Wheat This Week 0 9 38 50 3
Spring Wheat Last Week 0 13 37 47 3
Spring Wheat Last Year 0 3 25 67 5

Barley This Week 0 8 39 49 4
Barley Last Week 1 9 47 42 1
Barley Last Year 0 1 23 74 2

Pastures and Ranges This Week 13 19 26 32 11
Pastures and Ranges Last Week 13 20 25 31 11
Pastures and Ranges Last Year 9 13 27 39 12

WHEAT
General Comments: All three Wheat markets closed lower yesterday on forecasts for improved growing conditions at home and abroad. There are still reports that the weather has reduced production potential in Ukraine and Russia and reports of dry weather in some parts of the EU and China. Russia is forecasting a large reduction in Wheat production for the coming year. Winter crops in the Great Plains are reported to be in good condition, but Spring Wheat crops in the northern Great Plains and into Canada have been dry. Some rain is in the forecast for the northern Great Plains this week and wetter and warmer conditions are now forecast for the southern Plains as well. It is too wet in the Delta and Southeast. Overall demand for world Wheat has been weak.
Overnight News:
Chart Analysis: Trends in Chicago are mixed Support is at 527, 520 and 514 July, with resistance at 557, 561, and 569 July. Trends in Kansas City are mixed. Support is at 523, 514, and 508 July, with resistance at 557, 563, and 574 July. Trends in Minneapolis are up. Support is at 608, 596, and 590 July, and resistance is at 640, 645, and 659 July.

RICE:
General Comments: Rice was a little lower yesterday in correction trading after moving higher last week. Chart trends are up on the daily charts. There is still a lot of speculative buying seen in the market that is thought to be mostly short covering, but commercial buying has been very strong as well. The cash market has been slow with mostly quiet domestic markets and average export demand. Milling quality of the Rice remains below industry standards and it takes more Rough Rice to create the grain for sale to stores and exporters. Rice has emerged in most growing areas now. Condition has been rated as good so far by private sources and USDA.
Overnight News:
Chart Analysis: Trends are mixed to up. Support is at 1315, 1282, and 1261 July and resistance is at 1371, 1402, and 1410 July.

CORN AND OATS
General Comments: Corn was lower yesterday despite ideas of strong demand. July gained on December on the spreads and is still trading under December after trading 35 higher just a few months ago. Forecasts for improved growing conditions in the Midwest through this weekend were a reason to sell. Warmer and drier weather is in the forecast for this week, although temperatures were a little below normal over the weekend. A severe drought is seen in central Nebraska and moderate drought extends east in a corridor into the Chicago area. Most of the Midwest has seen adequate or greater precipitation and it is still too wet in the eastern and southern parts. Demand for Corn in world markets remains strong. Oats were a little higher.
Overnight News:
Chart Analysis: Trends in Corn are mixed. Support is at 431, 428, and 425 July, and resistance is at 456, 465, and 470 July. Trends in Oats are mixed. Support is at 375, 371, and 367 July, and resistance is at 390, 396, and 402 July.

SOYBEANS
General Comments: Soybeans and the products were lower yesterday butz Soybeans held well in the face of the much lower grains markets. Forecasts for good growing conditions in the Midwest and as cheaper prices reported from Brazil are still being heard. The market could remain under pressure as Brazil basis levels have been under pressure the last few weeks and prices in world markets for Brazil Soybeans are now less than those from the US. Export demand is in its seasonal doldrums. Export demand remains less for US Soybeans as China has been taking almost all the export from South America. Warmer temperatures and drier conditions are expected this week after a cold and wet week last week. A severe drought is seen in central Nebraska and moderate drought extends east in a corridor into the Chicago area. Most of the Midwest has seen adequate or greater precipitation and it is still too wet in southern and eastern areas.
Overnight News:
Analysis: Trends in Soybeans are mixed. Support is at 1028, 1021, and 1009 July, and resistance is at 1062, 1073, and 1082 July. Trends in Soybean Meal are mixed. Support is at 290.00, 287.00, and 284.00 July, and resistance is at 300.00, 302.00, and 306.00 July. Trends in Soybean Oil are mixed to down. Support is at 4580, 4530, and 4430 July, with resistance at 4800, 4900, and 5030 July.

PALM OIL AND CANOLA
General Comments: Palm Oil futures were a little lower today as some trader anticipate improved production due to the time of year. This is normally a period of increased production fr Malaysia and Indonesia. Ideas that current increased production levels mean higher inventories in MPOB monthly data are still around. Ideas of increasing production and reduced demand are also heard. Canola was a little higher yesterday after a rebound from lower prices seen early in the session. Trends are mixed to up on the daily charts and mixed on the weekly charts. The weather has generally been dry for planting and crop development in the Prairies with warm and dry weather around lately.
Overnight News:
Chart Analysis: Trends in Canola are mixed to down. Support is at 680.00, 662.00, and 649.00 July, with resistance at 717.00, 735.00, and 741.00 July. Trends in Palm Oil are mixed to up. Support is at 3850, 3770, and 3710 August, with resistance at 3990, 4040, and 4130 August.’

DJ Malaysia’s May Palm Oil Exports 1.39M Tons; Up 26%, MPOB Says
Malaysia’s palm oil exports were up 26% on month at 1.39 million metric tons in May, the Malaysian Palm Oil Board said.
The following are details of the May crop data and revised numbers for April, issued by MPOB:
May April Change
On Month
Crude Palm Oil Output 1,771,621 1,686,379 Up 5.05%
Palm Oil Exports 1,387,236 1,104,333 Up 25.62%
Palm Kernel Oil Exports 119,182 98,743 Up 20.7%
Palm Oil Imports 68,971 58,292 Up 18.32%
Closing Stocks 1,990,154 1,866,124 Up 6.65%
Crude Palm Oil 1,101,811 1,051,451 Up 4.79%
Processed Palm Oil 888,343 814,673 Up 9.04%

Midwest Weather Forecast Mostly dry conditions. Temperatures should average near to above normal.

DJ Malaysian PM Cash Market Prices for Palm Oil – June 10
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Tuesday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
Refined, bleached and deodorized palm oil, FOB, Malaysian ports
Offer Change Bid Change Traded
Jun 962.50 -10.00 Unquoted – –
Jul 962.50 -10.00 Unquoted – –
Aug/Sep 952.50 -12.50 Unquoted – –
Oct/Nov/Dec 960.00 -12.50 Unquoted – –
Jan/Feb/Mar 970.00 -10.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Jun 967.50 -10.00 Unquoted – –
Jul 967.50 -10.00 Unquoted – –
Aug/Sep 957.50 -12.50 Unquoted – –
Oct/Nov/Dec 965.00 -12.50 Unquoted – –
Jan/Feb/Mar 975.00 -10.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Jun 925.00 -25.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Jun 860.00 -10.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jun 3,940.00 -20.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jun 367.00 -05.00 Unquoted – –
($1=MYR4.2335)

DJ China Dalian Grain Futures Closing Prices, Volume – Jun 10
Soybean No. 1
Turnover: 303,349 lots, or 1.26 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 4,135 4,217 4,131 4,199 4,141 4,181 40 125,104 63,103
Sep-25 4,098 4,186 4,098 4,168 4,105 4,151 46 144,812 153,070
Nov-25 4,029 4,096 4,027 4,077 4,033 4,065 32 19,669 57,346
Jan-26 4,021 4,080 4,021 4,062 4,027 4,041 14 9,316 12,410
Mar-26 4,017 4,067 4,015 4,054 4,020 4,040 20 4,149 15,947
May-26 4,041 4,074 4,038 4,062 4,049 4,050 1 299 332
Corn
Turnover: 925,000 lots, or 21.95 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 2,357 2,384 2,357 2,379 2,351 2,372 21 550,135 869,727
Sep-25 2,383 2,409 2,383 2,404 2,377 2,398 21 283,181 634,336
Nov-25 2,312 2,329 2,311 2,323 2,306 2,321 15 45,527 259,170
Jan-26 2,273 2,292 2,273 2,286 2,264 2,283 19 28,671 77,021
Mar-26 2,264 2,281 2,264 2,278 2,252 2,273 21 15,498 55,563
May-26 2,287 2,307 2,287 2,303 2,276 2,297 21 1,988 5,698
Soymeal
Turnover: 1,488,181 lots, or 44.75 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 2,837 2,857 2,832 2,855 2,826 2,843 17 76,123 264,711
Aug-25 3,000 3,018 2,989 3,014 2,995 3,002 7 16,649 198,007
Sep-25 3,016 3,035 3,005 3,031 3,011 3,019 8 1,082,721 2,319,959
Nov-25 3,055 3,073 3,043 3,069 3,049 3,056 7 71,622 545,378
Dec-25 3,074 3,089 3,061 3,086 3,069 3,074 5 6,272 102,177
Jan-26 3,050 3,072 3,043 3,068 3,050 3,056 6 176,001 790,580
Mar-26 2,889 2,899 2,879 2,895 2,886 2,888 2 16,782 191,931
May-26 2,720 2,737 2,720 2,732 2,726 2,728 2 42,011 246,673
Palm Oil
Turnover: 693,898 lots, or 56.62 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jun-25 – – – 8,600 8,600 8,600 0 0 200
Jul-25 8,326 8,380 8,262 8,278 8,306 8,304 -2 3,957 9,773
Aug-25 8,254 8,292 8,176 8,192 8,230 8,230 0 1,041 3,017
Sep-25 8,192 8,222 8,102 8,116 8,154 8,160 6 653,781 429,360
Oct-25 8,100 8,166 8,058 8,058 8,094 8,126 32 37 958
Nov-25 8,100 8,140 8,054 8,068 8,090 8,100 10 141 845
Dec-25 8,124 8,148 8,066 8,074 8,096 8,106 10 145 473
Jan-26 8,136 8,166 8,062 8,080 8,114 8,108 -6 34,438 103,692
Feb-26 8,094 8,094 8,060 8,060 8,092 8,080 -12 3 920
Mar-26 8,090 8,124 8,044 8,044 8,092 8,076 -16 24 237
Apr-26 8,040 8,066 8,028 8,042 8,048 8,040 -8 6 70
May-26 8,038 8,058 7,978 7,998 8,004 8,020 16 325 954
Soybean Oil
Turnover: 296,063 lots, or 22.99 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 7,882 7,920 7,856 7,872 7,868 7,886 18 9,075 29,971
Aug-25 7,820 7,854 7,800 7,824 7,810 7,824 14 654 8,572
Sep-25 7,772 7,796 7,744 7,758 7,762 7,766 4 254,649 564,657
Nov-25 7,764 7,796 7,750 7,764 7,768 7,764 -4 127 3,301
Dec-25 7,790 7,812 7,776 7,780 7,786 7,788 2 51 1,678
Jan-26 7,718 7,732 7,688 7,698 7,700 7,706 6 30,268 167,855
Mar-26 7,602 7,610 7,590 7,590 7,606 7,600 -6 15 951
May-26 7,438 7,450 7,420 7,434 7,440 7,432 -8 1,224 7,689
Notes:
1) Unit is Chinese yuan a metric ton;
2) Ch. is day’s settlement minus previous settlement;
3) Volume and open interest are in lots;
4) One lot is equivalent to 10 metric tons.

Questions? Ask Jack Scoville today at 312-264-4322