SovEcon: Russian and global grain market news – April 30, 2025

Daily news and market insights from a leading firm focused on the Black Sea grain markets research

Grain futures declined on Tuesday. July SRW wheat closed at $5.25/bu ($193/mt; -1.1% compared to Monday). July HRW wheat in Kansas fell to $5.31/bu ($195/mt; -1.6%). September Euronext wheat settled at €205.75/mt ($234/mt; -0.4%). July corn dropped to $4.70/bu ($185/mt; -2.7%).

The USDA reported that exporters sold 120 tmt of corn to Spain.

From July 1, 2024, through April 27, 2025, soft wheat exports from the EU totaled 17.5 mmt, down from 26.6 mmt a year earlier, according to European Commission data. Analysts warn that export figures from France and Italy for 2024 remain incomplete.

Jordan purchased 60 tmt of wheat of unspecified origin at $259.99/mt C&F.

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