US grain futures rose on Friday. The December SRW wheat contract closed at $5.27/bu ($194/mt; +0.5% from Thursday). The December HRW wheat contract in Kansas climbed to $5.28/bu ($194/mt; +0.5%). The December Euronext wheat contract fell to €195.25/mt ($229/mt; -1.3%). The December US corn contract rose to $4.05/bu ($160/mt; +2.0%).
The harvest has been completed in Russia’s Rostov region, acting Governor Yuri Slyusar said. Farmers harvested 8.2 mmt of grain, compared with 11.5 mmt in 2024. Average yield this year was 2.59 mt/ha, down from 3.29 mt/ha a year earlier.
Russia’s wheat export tax will remain at zero for the second consecutive week starting August 20, according to the Agriculture Ministry.
As of August 14, Ukraine harvested 24.8 mmt of grain, compared with 28.5 mmt in 2024, according to data from the Economy Ministry. Average yield fell to 4.01 mt/ha from 4.24 mt/ha.
Germany’s wheat crop in 2025 will increase by 21.1% to 22.4 mmt from the previous year, the country’s farmers’ cooperative association (DRV) forecasted.
