Written Commentary
ADM Exceeds 5M Regenerative Agriculture Acreage Gal
September 9, 2025
London Wheat Report
A somewhat directionless day across the markets today with limited news stories steering. Both London and Matif wheat ended the day down, following their US wheat counterparts.
It has been reported today that farmers in the U.S. plan to plant more corn and fewer soybeans this spring compared to this time last year. There is hope that there may be an ability to eke out a profit and shield themselves from U.S. President Donald Trump’s threatened tariffs. Historically, more U.S. corn stays in the country than soybeans, making corn a better hedge against tariffs. Trump’s tariffs against major buyers of U.S. grain may add to corn’s advantage while discouraging soybean plantings.
The U.S. exports about 40% of its soybean crop each year but only about 15% of its corn harvest, leaving soybean prices more sensitive to trade disruptions. In addition, soybean and other crop prices have fallen below the cost of production. Global corn stockpiles are projected to hit a decade low this year, so a big U.S. crop would help replenish inventories, making more grain available to world buyers. In previous years, China has been by far the world’s top soy buyer, hoovering up more than half of U.S. soybean exports annually.
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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