Grains Report 06/17/2025

DJ USDA Grain Inspections for Export in Metric Tons – Jun 16
WA_GR101
Washington, DC Mon Jun 16, 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 12, 2025
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 06/12/2025 06/05/2025 06/13/2024 TO DATE TO DATE
BARLEY 0 597 1,198 98 1,797
CORN 1,673,023 1,728,889 1,380,803 52,047,567 40,515,035
FLAXSEED 24 0 96 24 96
MIXED 0 0 0 122 572
OATS 798 0 0 798 100
RYE 0 0 0 0 0
SORGHUM 29,177 27,571 1,834 1,833,728 5,143,345
SOYBEANS 215,803 558,616 341,170 45,415,624 40,884,560
SUNFLOWER 0 0 168 0 7,037
WHEAT 388,752 324,207 411,561 590,086 708,876
Total 2,307,577 2,639,880 2,136,830 99,888,047 87,261,418

This Week Last Week Last Year Average
Cotton Planted 85 76 85 90
Cotton Squaring 19 12 21 17
Cotton Setting Bolls 3 5 3
Corn Emerged 94 87 94 94
Soybeans Planted 94 90 92 94
Soybeans Emerged 84 75 80 83
Sorghum Planted 69 54 76 75
Peanuts Planted 95 90 95 95
Peanuts Pegging 13 13 11
Oats Emerged 95 91 95 95
Oats Headed 49 38 39 47
Sunflowers Planted 78 58 80 76
Rice Emerged 97 93 96 96
Rice Headed 6 5 4
Winter Wheat Headed 93 88 93 92
Winter Wheat Harvested 10 4 25 16
Spring Wheat Emerged 89 82 94 92
Spring Wheat Headed 4 4 6
Barley Emerged 89 80 87 92
Barley Headed 5 4 7

Very Poor Poor Fair Good Excellent
Cotton This Week 6 13 33 43 5
Cotton Last Week 10 11 30 43 6
Cotton Last Year 2 11 33 47 7

Corn This Week 1 4 23 59 13
Corn Last Week 1 4 24 58 13
Corn Last Year 1 4 23 57 15

Soybeans This Week 2 5 27 56 10
Soybeans Last Week 1 4 27 58 10
Soybeans Last Year 1 3 25 58 12

Rice This Week 0 2 24 55 19
Rice Last Week 0 3 20 54 23
Rice Last Year 1 2 14 67 16

Peanuts This Week 0 4 28 61 7
Peanuts Last Week 1 5 28 60 6
Peanuts Last Year 1 4 31 60 4

Winter Wheat This Week 6 13 29 45 7
Winter Wheat Last Week 5 11 30 56 8
Winter Wheat Last Year 6 11 34 40 9

Oats This Week 6 10 28 47 9
Oats Last Week 8 8 32 46 6
Oats Last Year 6 5 22 57 10

Spring Wheat This Week 0 9 34 53 4
Spring Wheat Last Week 0 9 38 50 3
Spring Wheat Last Year 1 3 20 68 8

Barley This Week 1 12 42 43 2
Barley Last Week 0 8 38 48 4
Barley Last Year 0 1 24 72 3

Pastures and Ranges This Week 11 17 26 33 13
Pastures and Ranges Last Week 13 18 26 32 11
Pastures and Ranges Last Year 10 14 28 39 9

WHEAT
General Comments: All three Wheat markets closed lower yesterday as growing and harvesting conditions at home and abroad have improved. 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 but conditions in the EU and China have improved with some showers in the last week. 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 520, 514 and 508 July, with resistance at 557, 561, and 569 July. Trends in Kansas City are mixed. Support is at 514, 508, and 502 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 much lower yesterday. Chart trends are mixed on the daily charts. 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 but too much rain has been reported in southern areas.
Overnight News:
Chart Analysis: Trends are mixed. Support is at 1315, 1282, and 1261 July and resistance is at 1380, 1402, and 1410 July.

CORN AND OATS
General Comments: Corn was lower yesterday on forecasts for good weather. EPA on Friday released its proposed renewable fuels blending requirements that were considered supportive for Corn. EPA wants increased use of biofuels, and the government wants the new demand filled by US farmers. 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, but temperatures should turn a little cooler over the weekend. Warm weather returns in the forecasts for next 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 the eastern and southern parts. Demand for Corn in world markets remains strong. Oats were 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 370, 367, and 364 July, and resistance is at 390, 396, and 402 July.

SOYBEANS
General Comments: Soybeans were mostly higher and Soybean Oil was sharply higher yesterday, but Soybean Meal was lower on follow through trading after the release of the new EPA biofuels blending requirements were released. The proposals increase the demand for Corn and Soybeans for blending requirements and it was a win for US agriculture and caught the market by surprise as the president has been against clean energy in the past. China and the US announced last week that they had made a trade agreement that will allow Chinese students to attend US universities in exchange for rare earth metals. No mention of agriculture was made. 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 scattered showers are expected this week. Most of the Midwest has seen adequate or greater precipitation and it is still too wet in southern and eastern areas.
Overnight News: Unknown destinations bought 120,000 tons of US Soybean Meal.
Analysis: Trends in Soybeans are mixed. Support is at 1046, 1043, and 1033 July, and resistance is at 1079, 1082, and 1105 July. Trends in Soybean Meal are down. Support is at 284.00, 281.00, and 278.00 July, and resistance is at 290.00, 295.00, and 300.00 July. Trends in Soybean Oil are up. Support is at 5260, 5220, and 5060 July, with resistance at 5580, 5700, and 5820 July.

PALM OIL AND CANOLA
General Comments: Palm Oil futures were higher last week with the price action in Chicago and hopes for improved Indian demand. Futures were higher today on higher prices in competing oils. 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 higher along with the price action in Chicago. Trends are up on the daily charts and are turning up 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 up. Support is at 680.00, 662.00, and 649.00 July, with resistance at 747.00, 753.00, and 759.00 July. Trends in Palm Oil are up. Support is at 4030, 3980, and 3960 September, with resistance at 4120, 4210, and 4310 September.

Midwest Weather Forecast Isolated to scattered showers. Temperatures should average above normal.

DJ Malaysian PM Cash Market Prices for Palm Oil – June 17
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 997.50 +30.00 Unquoted – –
Jul 997.50 +30.00 Unquoted – –
Aug/Sep 995.00 +32.50 Unquoted – –
Oct/Nov/Dec 997.50 +30.00 Unquoted – –
Jan/Feb/Mar 1005.00 +30.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Jun 1002.50 +30.00 Unquoted – –
Jul 1002.50 +30.00 Unquoted – –
Aug/Sep 1000.00 +32.50 Unquoted – –
Oct/Nov/Dec 1002.50 +30.00 Unquoted – –
Jan/Feb/Mar 1010.00 +30.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Jun 980.00 +47.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Jun 890.00 +27.50 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jun 4,080.00 +120.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jun 367.00 +12.00 Unquoted – –
($1=MYR4.2435)

DJ China Dalian Grain Futures Closing Prices, Volume – Jun 17
Soybean No. 1
Turnover: 153,044 lots, or .65 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 4,226 4,241 4,208 4,234 4,237 4,225 -12 18,099 30,953
Sep-25 4,237 4,253 4,220 4,247 4,246 4,236 -10 113,969 213,454
Nov-25 4,145 4,152 4,122 4,150 4,148 4,140 -8 15,458 67,226
Jan-26 4,128 4,129 4,102 4,126 4,126 4,117 -9 2,816 12,758
Mar-26 4,110 4,117 4,087 4,114 4,113 4,106 -7 2,635 18,763
May-26 4,128 4,140 4,117 4,138 4,128 4,125 -3 67 506
Corn
Turnover: 683,173 lots, or 16.16 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 2,356 2,365 2,353 2,364 2,369 2,359 -10 339,989 555,574
Sep-25 2,391 2,399 2,388 2,399 2,397 2,393 -4 254,191 776,889
Nov-25 2,313 2,326 2,308 2,325 2,313 2,317 4 56,914 292,366
Jan-26 2,273 2,286 2,272 2,286 2,276 2,278 2 16,506 91,356
Mar-26 2,270 2,278 2,264 2,278 2,270 2,269 -1 14,097 64,963
May-26 2,311 2,315 2,304 2,314 2,310 2,309 -1 1,476 8,605
Soymeal
Turnover: 1,903,264 lots, or 58.01 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 2,873 2,918 2,867 2,905 2,867 2,893 26 91,857 197,076
Aug-25 3,030 3,070 3,018 3,060 3,023 3,045 22 23,056 195,893
Sep-25 3,043 3,087 3,034 3,074 3,039 3,061 22 1,404,601 2,370,120
Nov-25 3,088 3,124 3,072 3,113 3,077 3,101 24 88,667 575,241
Dec-25 3,095 3,127 3,083 3,121 3,084 3,104 20 9,039 107,260
Jan-26 3,068 3,107 3,060 3,098 3,062 3,084 22 212,485 851,972
Mar-26 2,898 2,928 2,891 2,920 2,891 2,908 17 24,651 192,284
May-26 2,739 2,768 2,733 2,758 2,733 2,750 17 48,908 289,318
Palm Oil
Turnover: 930,666 lots, or 78.70 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 8,562 8,632 8,516 8,558 8,496 8,574 78 12,557 9,442
Aug-25 8,530 8,574 8,470 8,508 8,438 8,522 84 2,958 7,307
Sep-25 8,480 8,512 8,406 8,446 8,358 8,456 98 864,099 503,108
Oct-25 8,418 8,460 8,370 8,402 8,302 8,410 108 114 938
Nov-25 8,384 8,422 8,352 8,380 8,286 8,388 102 94 865
Dec-25 8,388 8,432 8,356 8,388 8,298 8,398 100 64 529
Jan-26 8,400 8,458 8,354 8,406 8,338 8,404 66 50,087 103,179
Feb-26 8,374 8,390 8,370 8,376 8,292 8,380 88 11 913
Mar-26 8,326 8,374 8,320 8,350 8,254 8,338 84 54 289
Apr-26 8,290 8,338 8,278 8,338 8,228 8,302 74 9 88
May-26 8,278 8,318 8,230 8,284 8,216 8,280 64 617 2,200
Jun-26 8,270 8,270 8,264 8,264 8,216 8,266 50 2 2
Soybean Oil
Turnover: 473,443 lots, or 37.69 billion yuan
Open High Low Close Prev. Settle Ch. Vol Open
Settle Interest
Jul-25 8,082 8,102 8,040 8,072 8,036 8,076 40 8,488 27,180
Aug-25 8,022 8,028 7,966 8,008 7,954 8,002 48 1,437 9,293
Sep-25 8,000 8,010 7,932 7,972 7,926 7,968 42 411,768 565,869
Nov-25 7,986 8,002 7,940 7,980 7,936 7,974 38 466 3,328
Dec-25 7,994 8,004 7,966 7,986 7,934 7,980 46 166 1,680
Jan-26 7,930 7,944 7,872 7,914 7,866 7,908 42 48,288 185,287
Mar-26 7,730 7,756 7,708 7,730 7,722 7,734 12 94 924
May-26 7,592 7,636 7,560 7,614 7,562 7,596 34 2,736 8,746
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