Tidbits, Stocks to Use & Pipeline Supply, FOB 7/14/25
- Wright team
- Jul 14
- 5 min read
Tidbits
Eduardo Vanin of AgrInvest Commodities of Brazil corn and soybean Saturday comments:
"Brazilian soybeans shipped in September are among the most expensive on the market, surpassing those of the US and Argentina, making negotiations with China difficult. Meal, in turn, is so cheap that even Argentine shipments are competing with local products in Asia, creating a scenario of tight crushing margins. Meanwhile, soybean premiums (basis) rose 20 cents this week, and Brazilian corn, which is more expensive, has lost competitiveness in international tenders."
AgrInvest Commodities Fertilizer Team about Urea:
"The Asian giant (China) is expected to further open its export tap and could release up to 3 million tons into the market by October—a huge leap compared to the meager 300,000 tons exported throughout last year. Minimum prices have risen to US$440/ton (prilled) and US$445/ton (granular), but since everything in China operates on quotas, the outlook remains uncertain. The market already knows that when it comes to urea, volatility is the name of the game."
The EU said on Sunday it would extend its suspension of countermeasures to U.S. tariffs until early August and continue to press for a negotiated settlement as President Trump's administration demanded more concessions from trading partners. Ursula von der Leyen, head of the EU's executive Commission said the bloc would maintain its two-track approach: keep talking and prepare retaliatory measures.
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