World Farming Agriculture and Commodity news - Short update  28th April 2025

World Farming Agriculture and Commodity news - Short update 28th April 2025

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In April, Brazilian soybean farmgate prices increased by 4% compared to the previous year. During the same period, CBOT prices dropped by 12%. Currency depreciation and increasing basis values have resulted in Brazilian cash prices having a different trajectory than futures.Farmgate corn prices in March were 60% higher than the previous year. Strong local consumption combined with a weakening Brazilian real favored higher corn prices.In March 2025, Brazilian soybean exports reached 14.7m metric tons, 17% higher than in March 2024. Cumulative soybean exports are 1% above last year’s level. Due to current tension between China and the US, Brazil’s soybean exports could reach 109m metric tons.In March 2025, corn exports totaled 0.9m metric tons, 40% lower than the previous month. Year-to-date corn exports are 16% below last year’s level.Safrinha crop conditions are mostly favorable across all producing regions. RaboResearch estimates a total corn crop of 126m metric tons, a 3m metric ton increase compared to the previous year.

In February 2025, Christophe Hansen, the EU Commissioner for Agriculture and Food, presented the new European Vision for Agriculture and Food. This vision moves away from the Green Deal and Farm to Fork strategies, which primarily focused on greening agriculture, toward a broader approach aimed at strengthening the agricultural sector. It addresses various topics, including reforming the Common Agricultural Policy, generational renewal, enhancing European food sovereignty, reducing dependencies (such as on proteins and fertilizers), fair-trade practices, and decarbonization. Although the Green Deal era has ended, its relevance persists due to the adoption of significant legislation, like the Nature Restoration Law adopted in 2024.  The future of European farming involves not only Commissioner Christophe Hansen, but also Jessika Roswall, the Commissioner for Environment, Water Resilience, and a Competitive Circular Economy. While the new Vision for Agriculture and Food may suggest a reduced regulatory burden for farmers, policies from Roswall’s department could still impose stringent requirements on farmers to enhance their sustainability performance.

North American agribusiness review April 2025 This periodical update provides a market outlook for dairy, cattle, wheat, and other key commodities, and gives an overview of what developments to watch in the upcoming months in North America.

Economy: A tariff-induced recession?Climate: Elusive moisture may ruin the planting party -Logistics: What is global trade? - Consumer: Worsening consumer sentiment jeopardizes what was expected to be a recovery year Cattle: Stronger beef and cattle demand across N. America provides the markets with some resiliency in early 2025 Corn: Can growers capitalize on improved old-crop fundamentals ? Dairy: Milk production returns to growth, but tariff risk persists Farm inputs: Breadth of tariffs significant, even after rate reduction Fruits: Citrus prices are under pressure, while avocado prices continue to be strong for larger sizes Pork: Trade disruption begins to weigh on pork values, producers remain cautious Poultry: Chicken markets strengthen into spring, even as production increases Soybeans: SBO exports throw the complex a temporary lifeline Tree nuts: Short-term market fundamentals continue to support prices Vegetables: A smooth transition of the season for leafy greens provides insights of reliable supplies this spring Wheat: A “yes, but” marketCotton/Sweetener: Cheaper dollar and decreased production point to higher prices for 2025/26 crop .

Brazil’s animal feed industry is projected to grow by 2.3% in 2025, according to a recent USDA FAS forecast. The forecast follows stronger-than-expected growth in 2024, when feed output rose 3-25% above the group’s original projection. Total feed production reached 96.4 million tons last year, with broiler feed accounting for 45.6 million tons, up 2.7%, and layer feed reaching 7.7 million tons, up 2.4%. Corn remains the top ingredient in poultry feed, followed by soybean meal. Brazil’s strong crop output gives it a cost advantage in feed production, particularly for its dominant poultry and swine sectors. Despite this growth, industry sources say there is still idle capacity across the feed sector, which could be leveraged if demand continues to rise. The USDA has also projected a larger corn and soybean harvest for the 2024/2025 crop season, which could further stabilize feed costs moving forward. 

On April 23, 2025, CNN’s David Goldman reported that President Donald Trump announced plans to potentially re-impose “reciprocal” tariffs on some countries within two to three weeks, escalating fears of a global trade war and possible U.S. and global recession. Speaking at an Oval Office ceremony, Trump indicated that tariffs would be set for countries or companies failing to reach trade deals with the U.S., with specifics to be determined soon. Initially paused on April 9 for 90 days to allow negotiations, these tariffs—described as not truly reciprocal—could reach 50% for most countries and 145% for China if deals aren’t secured. Approximately 90–100 countries are negotiating with the U.S., facing a tight deadline. It remains unclear whether new tariffs will replace the paused ones permanently or serve as interim measures during ongoing talks. Currently, the U.S. imposes a 10% universal tariff on nearly all imports, with higher rates for specific goods.

McDonald's says  they've been listening to their fans on social and beyond, and they have made one thing clear: they want more chicken. But not just any chicken – they want juicy, dippable perfection. So, countless taste tests later, McDonald's is ready to reveal McCrispy™ Strips and the all-new Creamy Chili Dip – a flavor-packed duo that’s here to stay. This marks the first time since 2021 that McDonald's has debuted a permanent menu item in the U.S. – available in all participating restaurants nationwide by May 5.

 The McCrispy Strips are 100% white meat, coated with crispy golden-brown breading and bursting with a bold, new black pepper flavor. McCrispy Strips also come with a perfect pairing – Creamy Chili Dip, a savory, sweet and tangy sauce that unlocks the full Strips experience.

"Since stepping into my new role as a leader of the US business this year, I've been excited for fans to get to experience our additional chicken offerings," said Alyssa Buetikofer, Chief Marketing and Customer Experience Officer at McDonald’s. "The demand for chicken strips has been remarkable to see across the industry, so we knew we had to deliver something so craveable that it was worth the wait. We took our time, listened to our fans and created a product we knew they would crave. And the best part is we’re just getting started.”

Fans can get their hands on McCrispy Strips in three- or four-piece counts, served with one or two Creamy Chili Dip sauce cups, respectively. Customers can also zest up their Strips with other favorite McDonald’s signature sauces – like Tangy Barbecue, Spicy Buffalo, Creamy Ranch, to name a few.

"When we introduce a new menu item like McCrispy Strips, we know we have a big promise to fulfill to meet our customer’s expectations,” said Cesar Piña, Senior Vice President and Chief Supply Chain Officer at McDonald’s. “From the farms we source from to how food is prepared in our restaurants, bringing new products to our fans requires collaboration across suppliers, franchisees, and company staff. We hold ourselves to the highest standard and aim to bring fans nothing less than greatness.”

Robert Tuckwell Contractors, based in Mursley, Buckinghamshire, has upgraded its fleet with six new JCB Fastrac 4220 iCON tractors, featuring a striking black and silver color scheme, delivered by JCB dealer Oliver Landpower. These join a seventh Fastrac purchased in 2024. Operating a 3,800-acre farming and contracting business, the Tuckwells grow milling wheat, forage, and energy maize, and provide extensive contracting services like hauling silage, manure, slurry, and farm track materials. The Fastrac’s 60kph speed, all-round suspension, and operator comfort make it ideal for towing tasks, allowing quick travel and long workdays. The Tuckwells, who have used Fastracs since 2019, replace their fleet every two years (3,800–4,400 hours) to maximize residual value and minimize ownership costs. The 2023 iCON models introduced a user-friendly touch-screen display, new transmission mode, ISOBUS compatibility, and advanced electronics. The 2025 Fastrac 4220 Pro Line models include premium features like heated leather seats, headland turn assist, rear hitch camera, LED work-lights, Hill Hold, traction control, and ISOBUS implement controls. Two tractors have satellite guidance for precision fieldwork. The 3.5-tonne front linkage supports equipment like toolboxes and bale bumpers. The distinctive livery serves as advertising, signaling the Tuckwells’ professional contracting services to farmers across their 30-mile operational radius.
Iraq will ship 220,000 tons of wheat to Syria as "a gift", Syrian media said on Friday, citing the director of the General Organization for Grains, adding that the first batch has already arrived in Syria's Deir el-Zor. Syria had bought about 100,000 tons of wheat in its previous tender reported on March 25, which was believed to be the first large purchase tender since the change of power in Syria late last year.

 

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Commodities April 27

Tin 2.56% 32,100.00 USD
Orange Juice 1.82% 2.58 USD
Oats 1.68% 3.64 USD
Cocoa 1.62% 6,453.00 GBP
Heating Oil 1.40% 57.33 USD

Commodity Prices

Precious Metals Price % +/- Unit Date
Gold
3,314.69
0.00%
0.00
USD per Troy Ounce
4/26/2025
Palladium
943.00
0.00%
0.00
USD per Troy Ounce
4/26/2025
Platinum
974.50
0.00%
0.00
USD per Troy Ounce
4/26/2025
Silver
33.09
0.00%
0.00
USD per Troy Ounce
4/26/2025
Energy Price % +/- Unit Date
Natural Gas (Henry Hub)
2.96
0.85%
0.03
USD per MMBtu
4/25/2025
Ethanol
2.16
0.05%
0.00
per Gallon
4/3/2025
Heating Oil
57.33
1.40%
0.79
USD per 100 Liter
4/25/2025
Coal
103.50
0.00%
0.00
per Ton
4/23/2025
RBOB Gasoline
2.12
0.60%
0.01
per Gallone
4/25/2025
Oil (Brent)
66.91
0.62%
0.41
USD per Barrel
4/25/2025
Oil (WTI)
63.18
0.64%
0.40
USD per Barrel
4/25/2025
Industrial Metals Price % +/- Unit Date
Lead
1,936.00
0.36%
7.00
USD per Ton
4/25/2025
Nickel
15,530.00
-0.61%
-95.00
USD per Ton
4/25/2025
Zinc
2,618.00
-0.68%
-18.00
USD per Ton
4/25/2025
Tin
32,100.00
2.56%
800.00
USD per Ton
4/25/2025
Agriculture Price % +/- Unit Date
Cotton
0.67
0.72%
0.00
USc per lb.
4/25/2025
Oats
3.64
1.68%
0.06
USc per Bushel
4/25/2025
Lumber
573.50
-0.69%
-4.00
per 1.000 board feet
4/25/2025
Coffee
4.07
-0.17%
-0.01
USc per lb.
4/25/2025
Cocoa
6,453.00
1.62%
103.00
GBP per Ton
4/25/2025
Live Cattle
2.14
0.27%
0.01
USD per lb.
4/25/2025
Lean Hog
0.93
0.95%
0.01
USc per lb.
4/25/2025
Corn
4.77
0.10%
0.01
USc per Bushel
4/25/2025
Feeder Cattle
2.91
0.43%
0.01
USc per lb.
4/25/2025
Milk
17.45
-0.11%
-0.02
USD per cwt.sh.
4/25/2025
Orange Juice
2.58
1.82%
0.05
USc per lb.
4/25/2025
Palm Oil
4,139.00
0.10%
4.00
Ringgit per Ton
4/25/2025
Rapeseed
517.75
-0.05%
-0.25
EUR per Ton
4/25/2025
Rice
12.95
-1.60%
-0.21
per cwt.
4/25/2025
Soybean Meal
289.90
0.38%
1.10
USD per Ton
4/25/2025
Soybeans
10.50
-0.45%
-0.05
USc per Bushel
4/25/2025
Soybean Oil
0.49
-0.87%
0.00
USD per lb.
4/25/2025
Wheat
209.50
0.12%
0.25
USc per Ton
4/25/2025
Sugar
0.18
1.28%
0.00
USc per lb.
4/25/2025