From Investing.com.: 2025-05-13 01:01:00

Energy prices rose after the US and China paused tariffs, boosting risk assets. Despite trade tensions easing, uncertainty remains for oil demand. OPEC+ supply hikes will keep the market well supplied. The ICE flat price strengthened, but time spread weakened. The market may become more comfortable with supply towards year-end.

The USDA’s crop estimates for 2025/26 showed bearish forecasts for corn and wheat, but positive for soybeans. US corn production expected to rise significantly, with ending stocks increasing. Soybean acreage reduced due to better returns from corn and trade tensions with China. Global soybean stocks forecast to rise slightly. Wheat production to decrease while ending stocks rise globally.



Read more at Investing.com.: Crude Oil Gains on Tariff Pause, but Supply Pressures Persist