Grain markets were mostly stable on Wednesday. The September SRW wheat contract closed at $5.08/bu ($187/mt; unchanged from Tuesday). The September HRW wheat contract rose to $5.11/bu ($188/mt; +1.4%). The September Euronext wheat contract settled at €193.75/mt ($226/mt; +0.1%). The September U.S. corn contract fell to $3.80/bu ($149/mt; -0.5%).
The grain and pulse crop in Russia’s Krasnodar region is expected to decline by 22% year-on-year in 2025, according to regional agriculture ministry representative Evgeny Ovsienko. In 2024, the region harvested 13.5 mmt of grain and pulses.
Between July 1 and August 6, Ukraine exported 1.8 mmt of grain and pulses, down from 3.7 mmt a year ago, according to the country’s Ministry of Economy. Since the beginning of August, 131 tmt of grain have been shipped, compared to 234 tmt over the same period last year.
Tunisia’s grain agency ODC will hold a tender on August 7 to purchase 100 tmt of milling wheat of optional origin for delivery in September–October, European traders said.
