Andrey Sizov
27.08.2025
Grain futures were mostly lower on Tuesday. The December SRW wheat contract closed at $5.32/bu ($195/mt; +0.4% from Monday). The December HRW wheat contract fell to $5.18/bu ($190/mt; -0.6%). The December Euronext wheat contract settled at €195.25/mt ($227/mt; -0.1%). The December U.S. corn contract declined to $4.09/bu ($161/mt; -0.7%).
Consulting firm AgResource estimated Brazil’s corn crop at 138.4 mmt, up 0.7% from last year.
Brazilian association Anec lowered its August corn export forecast to 7.8 mmt from 8.0 mmt a week earlier. The estimate remains above last year’s 6.4 mmt.
Between July 1 and August 24, the EU shipped 2.2 mmt of soft wheat, down from 4.2 mmt a year earlier, according to European Commission data. Export figures from France, Bulgaria, and Ireland remain incomplete, analysts cautioned.
