About The Author

Jack Scoville

Jack Scoville is an often quoted market analyst in the grain and soft commodities sectors. You will find his commentary throughout the Reuters, Wall Street Journal, Dow Jones, Bloomberg, and Barron's publications. Contact Mr. Scoville at (312) 264-4322

Visit Website →

Grains Report 12/30/2025

By Jack Scoville On December 30, 2025 - 10:15 AM · In Market Commentaries, Morning Grains & Softs Report

DJ USDA Grain Inspections for Export in Metric Tons – Dec 29

WA_GR101

Washington, DC Mon Dec 29, 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 DEC 25, 2025

— METRIC TONS —

————————————————————————-

CURRENT PREVIOUS

———– WEEK ENDING ———- MARKET YEAR MARKET YEAR

GRAIN 12/25/2025 12/18/2025 12/26/2024 TO DATE TO DATE

BARLEY 0 244 699 5,873 8,608

CORN 1,301,211 1,747,372 907,565 25,571,609 15,388,976

FLAXSEED 0 0 0 336 264

MIXED 0 0 49 0 122

OATS 0 299 0 4,788 148

RYE 0 0 0 0 0

SORGHUM 69,372 5,167 14,573 616,992 1,372,810

SOYBEANS 750,312 929,365 1,643,692 15,396,334 28,671,623

SUNFLOWER 0 0 0 0 0

WHEAT 302,096 635,626 339,492 15,063,945 12,345,173

Total 2,422,991 3,318,073 2,906,070 56,659,877 57,787,724

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

WHEAT

General Comments: Wheat closed lower yesterday in holiday trading and on continued reports of big world production and weaker demand. News that Russia had bombed Ukrainian ports over the previous weekend did not move the market much as the bombing has been heavy for a couple of weeks now. Demand ideas are under pressure from ideas and reports of big competition for sales. The threat for additional bombings of freighters by either Russia or Ukraine kept futures supported to some extent. World prices were weaker last week due to reports of strong production in exporter countries and mostly the countries in the global south. Production has been good in northern hemisphere countries. Southern hemisphere crops appear to be very good. Demand has been weaker for various origins including Russia.

Overnight News:

Chart Analysis: Trends in Chicago are mixed. Support is at 511, 504, and 500 March, with resistance at 525, 530, and 536 March. Trends in Kansas City are mixed. Support is at 514, 509, and 503 March, with resistance at 536, 540, and 550 March. Trends in Minneapolis are not available.

RICE:

General Comments Rice was lower yesterday. Futures faded from resistance near 1000 before the holiday and the relentless selling has resumed. Ideas are that the market is too cheap and that farmers have sold what needs to be sold for now. The recent selling appears tied to the weaker prices in Asia and especially India. Trends are turning down in the market. The harvest is over in the delta and Mid South. California is about done with its harvest. Yields and quality are mixed, but quality appears better than a year ago. The cash market has been slow with low bids from buyers in domestic markets and average or less export demand.

Overnight News:

Chart Analysis: Trends are mixed to down. Support is at 958, 925, and 916 January and resistance is at 1004, 1021, and 1028 January.

DJ USDA World Market Rice Prices – Dec 30

USDA today announced the prevailing world market prices

of milled and rough rice, adjusted for U.S. milling yields

and location, and the resulting marketing loan gain (MLG)

and loan deficiency payment LDP) rates. Source: USDA

—–World Price—– MLG/LDP Rate

Milled Value Rough Rough

($/cwt) ($/cwt) ($/cwt)

Long Grain 12.99 8.24 0.00

Medium/Short Grain 12.60 8.54 0.00

Brokens 9.19 —- —-

This week’s prevailing world market prices and MLG/LDP

rates are based on the following U.S. milling yields and

the corresponding loan rates:

U.S. Milling Yields Loan Rate

Whole/Broken ($/cwt)

(lbs/cwt)

Long Grain 50.79/17.89 7.00

Medium Grain/Short Grain 59.70/11.09 7.00

CORN AND OATS

General Comments: Corn was lower yesterday in holiday trading in line with the weakness in Wheat and Soybeans. The demand for export and for bio energy needs has held strong. Trends are mixed. There have been ideas that traders expect weaker demand news from now on but demand overall has been very strong and above USDA projections until now. Ideas are that export demand is less now due to increased competition in the world market and ethanol demand is less as well. Reports indicate that many elevators are holding less Corn than expected. Temperatures should average below normal this week. Oats were higher.

Overnight News:

Chart Analysis: Trends in Corn are mixed. Support is at 442, 440, and 435 March, and resistance is at 453, 457, and 460 March. Trends in Oats are mixed to up. Support is at 284, 278, and 27\5 March, and resistance is at 312, 317, and 320 March.

SOYBEANS

General Comments: Soybeans and Soybean Meal closed lower yesterday, but Soybean Oil was slightly higher. It seems that the market is now more concerned about big supplies coming soon from South America with the Soybeans harvest there just weeks away. The Trump administration says that China is on pace to buy the 12 million tons of US Soybeans it announced a few weeks ago by the end of February, and China has already bought a lot to reach that goal. It is already on a record pace for imports from all origins this year. The US will have to compete with South America for sales in a diminishing Chinese market and with other world buyers and US prices are currently too high to complete many new sales anywhere in the world market except Canada and Mexico. The Chinese hog herd is being reduced and this means less demand for Soybeans and Soybean Meal. Temperatures will average below normal in the Midwest this week.

Overnight News: China bought 136,000 tons of US Soybeans and unknown destinations bought 231,000 tons of US Soybeans.

Analysis: Trends in Soybeans are mixed. Support is at 1045, 1027, and 1019 January, and resistance is at 1071, 1082, and 1086 January. Trends in Soybean Meal are mixed. Support is at 298.00, 295.00, and 292.00 January, and resistance is at 311.00, 316.00, and 319.00 January. Trends in Soybean Oil are mixed. Support is at 4740, 4680, and 4620 January, with resistance at 4940, 4980, and 5070 January

PALM OIL AND CANOLA

General Comments: Palm Oil futures were higher last week. There are still ideas of increasing supplies available to the market. Futures were higher today in reports of increased demand. There are still Indonesian plans to increase the use of Palm Oil in biofuels blends. There are still ideas of increasing production. The market sentiment overall is turning bearish on ideas of increasing stocks to the market and some concerns about demand Canola was lowher. There are ideas of a big Soybeans harvest coming from South America.

Overnight News:

Chart Analysis: Trends in Canola are mixed. Support is at 574.00, 568.00, and 562.00 January, with resistance at 614.00, 624.00, and 632.00 January. Trends in Palm Oil are mixed. Support is at 3880, 3820, and 3760 March, with resistance at 4130, 4160, and 4200 March.

DJ Malaysian PM Cash Market Prices for Palm Oil – March 28

The following are prices for Malaysian palm oil in the cash market at 1000 GMT Friday, 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

Apr 1135.00 +15.00 Unquoted – –

Apr/May/Jun 1092.50 +20.00 Unquoted – –

Jul/Aug/Sep 1012.50 +17.50 Unquoted – –

Oct/Nov/Dec 1002.50 +15.00 Unquoted – –

Jan/Feb/Mar 1007.50 +12.50 Unquoted – –

RBD palm olein, FOB, Malaysian ports

Offer Change Bid Change Traded

Apr 1140.00 +15.00 Unquoted – –

Apr/May/Jun 1097.50 +20.00 Unquoted – –

Jul/Aug/Sep 1017.50 +17.50 Unquoted – –

Oct/Nov/Dec 1007.50 +15.00 Unquoted – –

Jan/Feb/Mar 1012.50 +12.50 Unquoted – –

RBD palm stearin, FOB, Malaysian ports

Offer Change Bid Change Traded

Apr 1112.50 +20.00 Unquoted – –

Palm Fatty Acid Distillate, FOB Malaysian ports

Offer Change Bid Change Traded

Apr 1070.00 +15.00 Unquoted – –

Crude palm oil, Delivered Basis, South Malaysia

Offer Change Bid Change Traded

Apr 4,830.00 +70.00 Unquoted – –

Palm kernel oil, Delivered Basis, South Malaysia

Offer Change Bid Change Traded

Apr 494.00 +07.00 Unquoted – –

($1=MYR4.4363)

(END) Dow Jones Newswires

03-28-25 0623ET

DJ Malaysian PM Cash Market Prices for Palm Oil – Dec 30

The following are prices for Malaysian palm oil in the cash market at 1000 GMT Tuesday, supplied by commodity broker Matthes & Porton Bhd.

Refined, bleached and deodorized palm oil, FOB, Malaysian ports

Offer Change Bid Change Traded

Jan 1027.50 +02.50 Unquoted – –

Feb 1040.00 +05.00 Unquoted – –

Mar 1042.50 +02.50 Unquoted – –

Apr/May/Jun 1047.50 +12.50 Unquoted – –

Jul/Aug/Sep 1040.00 +17.50 Unquoted – –

RBD palm olein, FOB, Malaysian ports

Offer Change Bid Change Traded

Jan 1032.50 +02.50 Unquoted – –

Feb 1045.00 +05.00 Unquoted – –

Mar 1047.50 +02.50 Unquoted – –

Apr/May/Jun 1052.50 +12.50 Unquoted – –

Jul/Aug/Sep 1045.00 +17.50 Unquoted – –

RBD palm stearin, FOB, Malaysian ports

Offer Change Bid Change Traded

Jan 1017.50 00.00 Unquoted – –

Palm Fatty Acid Distillate, FOB Malaysian ports

Offer Change Bid Change Traded

Jan 1015.00 00.00 Unquoted – –

Crude palm oil, Delivered Basis, South Malaysia

Offer Change Bid Change Traded

Jan 4,050.00 +20.00 Unquoted – –

Palm kernel oil, Delivered Basis, South Malaysia

Offer Change Bid Change Traded

Jan 411.00 +01.00 Unquoted – –

($1=MYR4.0455)

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

Categories
Archives
December 2025

S M T W T F S

1 2 3 4 5 6

7 8 9 10 11 12 13

14 15 16 17 18 19 20

21 22 23 24 25 26 27

28 29 30 31

« Nov
Translate

Jack Scoville

Grains Report 12/30/2025

Categories

Archives

Translate

Contact

Disclaimer