Andrey Sizov
11.12.2025
On Wednesday, grain futures declined. March SRW wheat settled at $5.29/bu ($195/mt; -0.9% vs Tuesday). March HRW wheat fell to $5.23/bu ($192/mt; -0.7%). March Euronext wheat closed at €190.00/mt ($222/mt; -0.1%). March U.S. corn futures slipped to $4.44/bu ($175/mt; -0.8%).
As of early December, winter crops in India had been sown on 47.9 mln ha (+6.1% YoY), according to the country’s Agriculture Ministry. Wheat accounted for 24.14 mln ha (+10.8% YoY). Winter planting has accelerated on the back of abundant rainfall, which allowed farmers to bring previously unsuitable land into grain production.
Tunisia’s state grain agency ODC will hold a tender on Dec. 11 to buy 125 000 t of soft wheat for January–March 2026 shipment and 100 000 t of durum wheat for January–February 2026 shipment.
SovEcon has lowered its forecast for Ukraine’s corn exports in the 2025/26 season (July–June) by 0.4 million metric tons (mmt) to 26.8 mmt amid slow shipment pace in the first half of the season and abundant supply on the global market.
