COFCO’s $10B Brazil buys, EU export slippage, and Thailand’s zero-tariff corn window collide with a China soy glut—keeping prices choppy but underpinned by flow.
China lifts corn output to a record, EPA grants new refinery waivers, and Brazil’s soymeal exports surge—leaving grains volatile but underpinned by big supplies and active policy moves.
Trade optimism from Beijing to Washington and record ethanol output in the U.S. collide with global weather contrasts and softening food prices, leaving grain markets turbulent yet well-supplied
China loosens some farm tariffs but keeps soy costly; Brazil turns wetter; ethanol sets a record—keeping mid-week grains choppy but supported by fresh demand signals.
China tilts to Brazil while a tentative US–China farm thaw lifts sentiment; Russia’s wheat flow stays strong as La Niña rains threaten South American fieldwork
