Commodity Board

19/12/2025

CMB Market Insight – USDA Raises Global Wheat Stocks Outlook for 2025–26

The US Department of Agriculture (USDA) has raised its forecast for global wheat ending stocks for the 2025–26 season, signalling comfortable supply conditions despite record consumption and steady growth in world trade. In its December World Agricultural Supply and Demand Estimates (WASDE) report, the USDA projected global wheat carryover at 274.9 million tonnes, up 3.4 million tonnes from November and 14.8 million tonnes higher than the estimated 260.03 million tonnes in 2024–25....

USDA raises its 2025–26 global wheat stocks forecast as higher production offsets record consumption and supports steady global trade growth

19/12/2025

Millet Market: Range-Bound Prices Signal Stability Amid Supply Shift

The global millet market is currently navigating a phase characterized by stable prices and underlying shifts in both supply and demand dynamics. Market participants have observed a distribution of surplus grain at various supply chain levels, leading to an uptick in supply availability in some regions—notably driven by slightly more flexible attitudes among farmers and holders. On the demand side, activity from milling companies remains subdued, with most processors remaining cautious on procurement and largely operating off existing, higher-cost inventories....

19/12/2025

Stable Demand, Tight Margins: China Beans Market Holds Steady Amid Sluggish Trade

The Chinese beans market is currently characterized by a remarkable stability in both supply and demand dynamics. According to recent market feedback, black bean (黑豆) fundamentals have not changed significantly, with most traders and processors focusing on servicing existing clients. As a result, mainstream price quotes are largely range-bound, and most suppliers continue to adopt a wait-and-see approach. Producers show little willingness to lower raw grain prices, thanks to firm on-farm cost structures, meaning final product prices enjoy robust support....

China's beans market remains steady with limited price movement, stable supply, subdued export demand, and neutral forecasts for traders and producers.

19/12/2025

Beans Market in Flux: Stable Prices Amid Supply Adjustments and Tepid Demand

The global beans market remains under the sway of shifting domestic and international dynamics as we approach year-end 2025. Recent data from China, one of the world's largest bean producers and exporters, reflects a market finding balance between supply pressures, cautious demand, and price stabilization. While most Chinese exporters temporarily halted collections this week, internal bean flows have slowed. Many downstream buyers restocked earlier, leading to a tepid pace in market circulation....

Get the latest beans market highlights: stable prices, supply & demand drivers, production outlook, and a 3-day price forecast for mung & kidney beans.

19/12/2025

Bean Market Dynamics: Oversupply Dampens Prices Amid Lukewarm Demand

The global beans market is currently navigating a phase of oversupply, with sluggish demand weighing on prices across major production and consumption hubs. In the UK and China, red kidney bean stock levels remain high, but many farmers are reluctant to sell at present pricing, holding out for stronger demand or more favorable market conditions. Trends from the Hebei region show quicker farm sales—however, plentiful supplies in Shanxi and the cautious approach to procurement by traders, who are buying just enough to meet immediate needs, have limited any potential bullish momentum....

Bean prices are steady but under pressure due to surplus and slow demand. Get the latest prices, fundamentals, production data, and a 3-day market forecast.

19/12/2025

Bean Prices Hold Steady Amid Balanced Supply, with Modest Winter Demand Expected

China's bean market, especially the Adzuki (red) beans, continues to exhibit remarkable price stability as 2025 draws to a close. Market participants report a steady supply-demand landscape, with regional traders in producing areas maintaining stable quotes amidst persistent reluctance from farmers to sell at lower prices. Despite a slight uptick in downstream procurement and winter restocking on the horizon, both supply and cost constraints have kept national prices flat this week....

China's beans market holds steady. See current prices, supply/demand updates, global comparisons, weather, and a 3-day outlook. Get the latest analysis here.

19/12/2025

Buckwheat Market Holds Steady: Domestic Supply Strong Amid Firm Import Prices

China's buckwheat market is currently navigating a steady yet complex environment. Despite robust domestic stocks in key producing regions, local farmers and traders are showing reluctance to sell at lower prices, buoying support for domestic sweet buckwheat rates. The lower inflow of imports in recent weeks, coupled with strong international prices, has created a floor for domestic values. Downstream processors persist with cautious, demand-driven procurement patterns, while product quality and price differentials between regions prompt a move toward quality-based pricing strategies....

Explore the latest buckwheat market trends in China and Europe: stable prices, supply-demand analysis, weather impact, and trading outlook.

19/12/2025

Sugar Beet Market Slides as Global Supplies Improve, Prices Under Pressure

The international sugar beet market has retreated in the latest trading sessions as ample supplies, easing weather risks, and subdued demand growth combine to push prices down from recent highs. After a period of volatility driven by global production concerns and logistical bottlenecks, new data suggests the market is headed towards a period of increased stability, albeit with clear downside momentum for prices....

Get the latest sugar beet market analysis: ICE futures, EU spot prices, supply/demand, weather, forecasts & trading outlook for December 2025.

19/12/2025

Sunflower Market: Prices Surge as Oilseed Sentiment Shifts, Weather Risks Loom

The sunflower market is entering a dynamic phase, with prices on the rise and various market participants closely monitoring shifting fundamentals and external influences. On SAFEX, sunflower futures surged, notably with the December 2025 contract closing at ZAR 12,400/t (+5.4%)—a sharp move attributed to a combination of firming oilseed demand and broader commodity sentiment. This uptrend comes despite headwinds in related oilseed markets, including ongoing pressure on international soybeans....

In-depth sunflower market report: price trends, supply-demand, drivers & weather outlook. SAFEX, Ukraine & China price data, forecasts & trading tips.

19/12/2025

Rapeseed Markets Hold Steady Amid Global Uncertainty and Tight Farmer Sales

The global rapeseed (canola) market is navigating a period of relative stability amid several counteracting forces. While benchmark futures on Euronext (MATIF) showed no significant changes today, Canadian Canola contracts slid for the fourth consecutive session. These diverging regional trends highlight the influence of local demand, trade policy uncertainty, and broader oilseed market fundamentals. Farmer selling remains limited, especially in Canada, as producers are reluctant to accept current price levels in hopes of renewed interest from China or higher prices later....

Detailed rapeseed market report: Prices steady on Euronext & spot, Canada pressured. Get insights on trade, supply, weather, production, and a 3-day forecast.

19/12/2025

Soya Market Squeeze: Weak China Demand, Bearish Trend, but Upside Risks

The global Soya market is currently under notable pressure, as futures contracts across key exchanges reflect a persistent downtrend, driven primarily by underwhelming Chinese buying and shifting positions among speculative investors. Despite recent USDA-announced export sales to China and unknown destinations, these volumes were insufficient to counter the prevailing pessimism rooted in the ongoing shortfall of large-scale Chinese procurement. Support from fundamental drivers remains fragile—even as a recent uptick in crude oil prices injected some buoyancy into the oilseed complex, propelled by geopolitical turbulence surrounding U.S....

Soya market review: Prices drop on weak China demand, strong Brazil crops; crude oil adds volatility; see forecasts, price tables, and expert outlook.

19/12/2025

Palm Oil Market Steadies on Firm Crude Oil, But Export and Stock Worries Linger

The palm oil market is currently navigating a confluence of global economic pressures and localized supply-and-demand dynamics. After an extended period of volatility, Malaysian palm oil futures are showing notable resilience, buoyed by climbing crude oil prices triggered by geopolitical instability and energy sanctions. Market sentiment, however, remains cautious due to persistent concerns over weak Malaysian palm oil exports and elevated domestic inventories—factors that have kept prices trading within a narrow range this week....

Malaysian Palm Oil futures steady as crude oil rises, but export weakness and high stocks keep markets cautious. See price tables, drivers & 3-day forecast.