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<ul><li>With around $1.5bn of inflows till end of May, the WisdomTree Agriculture ETF (the largest pure-play agricultural commodity ETP in Europe) is enjoying its strongest year since launching in 2006.</li><li>The $1.6bn fund attracted roughly half of those inflows in the past month alone, according to Morningstar data.</li><li>This is highly unusual, given that the inflows are almost as large as the fund’s total assets under management.</li></ul>

With around $1.5bn of inflows till end of May, the WisdomTree Agriculture ETF (the largest pure-play agricultural commodity ETP in Europe) is enjoying its strongest year since launching in 2006.The $1.6bn fund attracted roughly half of those inflows in the past month alone, according to Morningstar data.This is highly unusual, given that the inflows are almost as large as the fund’s total assets under management.

$1,5 bn Agri-ETF-Trade: Big Whale is Positioning for Strong El Nino

Clear Data. Clear Decisions. Clear Impact., Treefera

Treefera

Clear Data. Clear Decisions. Clear Impact.

Treefera is a first-mile intelligence platform transforming visibility into land and production conditions at the source.
Using satellite observation and adaptive AI, Treefera delivers defensible, plot-level insight into the real-world factors influencing yield conditions, land performance and exposures linked to weather & climate volatility. Commodity traders, banks and insurers rely on Treefera to price risk more accurately, strengthen due diligence and manage exposures that move faster than traditional risk systems can detect and to identify early signals that can support alpha generation.

<ul><li>The May WASDE puts 2026/27 US wheat output 424 million bushels below last year's record and corn at its tightest stocks-to-use ratio in recent years</li><li>Southern Plains drought and lower planted area are tightening the grain balance heading into summer.</li><li>Across tropical commodities, Brazil's record arabica forecast is pressing prices to six-month lows.</li></ul>

The May WASDE puts 2026/27 US wheat output 424 million bushels below last year's record and corn at its tightest stocks-to-use ratio in recent yearsSouthern Plains drought and lower planted area are tightening the grain balance heading into summer.Across tropical commodities, Brazil's record arabica forecast is pressing prices to six-month lows.

The First-Mile View on Commodities Making News (5 June 2026)

<ul><li>La Niña conditions have driven the driest spring across US and South American crop belts in a generation while the ENSO transition toward neutral and El Nino watch opens for Vietnam's coffee highlands.</li><li>Three commodity markets share a common climate driver, but the consequences are diverging by origin and biological window.</li><li>Treefera detects 738,813 ha of active Vietnam robusta production; the November 2025 Central Highlands floods intersected just 0.09% of that area (630 ha), yet ICE robusta inventories have since fallen to a 16-month low of 3,755 lots.</li></ul>

La Niña conditions have driven the driest spring across US and South American crop belts in a generation while the ENSO transition toward neutral and El Nino watch opens for Vietnam's coffee highlands.Three commodity markets share a common climate driver, but the consequences are diverging by origin and biological window.Treefera detects 738,813 ha of active Vietnam robusta production; the November 2025 Central Highlands floods intersected just 0.09% of that area (630 ha), yet ICE robusta inventories have since fallen to a 16-month low of 3,755 lots.

The First-Mile View on Commodities Making New - 7 May 2026

Podcast by J.P. Morgan analysts on global markets, At Any Rate

At Any Rate

Podcast by J.P. Morgan analysts on global markets

Analysts from J.P. Morgan’s Research team take a closer look at the stories behind some of the biggest trends, themes and developments in markets today.

<ul><li>China holding large soybean inventories and US soybean exports to China at zero for the 2025-26 marketing year</li><li>President Trump late in addressing trade issues with China, leaving US farmers and exporters struggling to recapture market share</li><li>US seeing strong exports of corn and wheat due to competitive prices, with potential exemptions for certain agri products from tariff rates in trade deals</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.</em></p>

China holding large soybean inventories and US soybean exports to China at zero for the 2025-26 marketing yearPresident Trump late in addressing trade issues with China, leaving US farmers and exporters struggling to recapture market shareUS seeing strong exports of corn and wheat due to competitive prices, with potential exemptions for certain agri products from tariff rates in trade dealsThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Global Commodities: Agri trade returns to President Trumps Agenda

<ul><li>Corn crop looks good but slightly worse than 2024</li><li>Spring Wheat is looking okayish, but conditions are worse than during the three previous years</li><li>Soybean conditions aren’t that visible yet, but analysts expect solid to good conditions at the moment</li></ul>

Corn crop looks good but slightly worse than 2024Spring Wheat is looking okayish, but conditions are worse than during the three previous yearsSoybean conditions aren’t that visible yet, but analysts expect solid to good conditions at the moment

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Wheat (W A COMDTY)

$1,5 bn Agri-ETF-Trade: Big Whale is Positioning for Strong El Nino

With around $1.5bn of inflows till end of May, the WisdomTree Agriculture ETF (the largest pure-play agricultural commodity ETP in Europe) is...

The Commodity Report

The First-Mile View on Commodities Making News (5 June 2026)

The May WASDE puts 2026/27 US wheat output 424 million bushels below last year's record and corn at its tightest stocks-to-use ratio in recent...

Treefera

The First-Mile View on Commodities Making New - 7 May 2026

La Niña conditions have driven the driest spring across US and South American crop belts in a generation while the ENSO transition toward neutral...

Treefera

Global Commodities: Agri trade returns to President Trumps Agenda

China's record soybean inventories and limited imports from the US prompt President Trump to discuss trade with President Xi, while the US benefits...

At Any Rate

Drought & Planting Update

Corn crop looks good but slightly worse than 2024. Spring Wheat is looking okayish, but conditions are worse than during the three previous years

The Commodity Report

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