Grains fundamentals: Global grain trade navigates throttled seaborne flows
Synopsis
Trade through the Strait of Hormuz remains impacted by US-Iran negotiations, while aerial strikes between Russia and Ukraine have caused logistical difficulties at key export hubs. El Niño is building strength, already influencing seasonal weather patterns. China has been actively purchasing US soybeans but has not shown similar enthusiasm for other US agricultural products.
What you'll learn
- Grain and fertiliser trade via the Strait of Hormuz and Bab el-Mandeb
- Black Sea grain export pace amid logistical challenges
- El Niño's impact across key agricultural producers
- China’s appetite for US agricultural products
Meet the speakers
Matthew Darragh
Matt joined Kpler’s Insight Team in January 2025 as a Grains & Oilseeds Analyst, based in London. Prior to Kpler, Matt was a Cereals & Oilseeds Analyst at the Agriculture and Horticulture Development Board (AHDB), conducting both domestic (UK) and global analysis of the respective grains and oilseeds markets. Before becoming an analyst at AHDB, Matt acquired a Masters of Science in Agricultural Economics at the University of Reading. At Kpler, Matt contributes to the Insight reports and conducts supply and demand analysis to support on the grain balance sheets.
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