Written Commentary
ADM Exceeds 5M Regenerative Agriculture Acreage Gal
September 9, 2025
London Wheat Report
Money managers and index funds were both record sellers across the Ag. space in the week ended Tues. March 4th. In total MM’s sold 304,287 contracts reducing their long position to just under 104k contracts. Corn still holds a huge Long position despite selling 117K Lots in total, the MM are Long 219,752 contracts. This was shown in last week’s COT report released late on Friday.
Russian wheat export prices continued to decline for the second week in a row, but they have yet to regain competitiveness against European grains, analysts said. The price for Russian wheat with 12.5% protein content for free-on-board (FOB) delivery in early April dropped by $1 to $247 a metric ton, said Dmitry Rylko, head of consultancy IKAR.
The real mover and shaker today was Canola in Canada trading limit down after China implemented a 100% tariff on Canadian Rapeseed meal and oil imports. This in turn dragged US beans and Matif Rapeseed with it. Rapeseed opened well down and never really recovered.
Contact the ADMISI Grains and Oilseeds Derivatives Brokerage team
Ryan Easterbrook, Aaron Stockley-Isted and Jamie Kirkwood
Phone: +44 (0)20 7716 8477 or +44 (0)20 7716 8140 Email: intl.grains@admisi.com
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