Grain markets were mostly higher on Wednesday. The September SRW wheat contract closed at $5.07/bu ($186/mt; +0.4% from Tuesday). The September HRW wheat contract fell to $5.07/bu ($186/mt; -0.8%). The September Euronext wheat contract settled at €194.50/mt ($228/mt; +0.9%). The September U.S. corn contract rose to $3.74/bu ($147/mt; +0.7%).
Russia harvested about 75 mmt of grain, up 1.6 mmt from the same date last year, the Agriculture Ministry said on August 13. Harvested area was estimated at 22 mln ha, or 47% of total plantings. Average yield reached 3.46 mt/ha, compared with 3.28 mt/ha a year ago.
Argentina’s 2025/26 corn area will increase by 15–20%, according to the Rosario exchange. The expansion is attributed to high soil moisture and declining attractiveness of soybean investment, exchange officials said.
The Lithuanian government declared a state of emergency in agriculture due to heavy rainfall. Officials said 50–70% of the country’s crops were damaged or destroyed.
