On Friday, U.S. grain futures fell. Chicago SRW March settled at $5.29/bu ($194/mt), down 0.8% from Thursday. Kansas City HRW March slipped to $5.18/bu ($190/mt), down 0.8%. Euronext wheat March settled at €189.00/mt ($222/mt), up 0.3%. Corn March fell to $4.41/bu ($174/mt), down 1.3%.
On Saturday, the first vessel carrying 65,000 mt of Argentine wheat departed for China, China’s COFCO International said. This is the first shipment of Argentine wheat to China since Beijing granted import approval in January 2024.
As of Dec. 11, Ukrainian farmers had harvested 55.5 mmt of grains from 10.8 mln ha, with average yields at 5.15 mt/ha, Economy Ministry data showed. Corn harvest totaled 25.4 mmt (vs. 25.2 mmt a year earlier).
From Dec. 17, Russia’s wheat export tax will remain at zero for a second straight week, Agriculture Ministry data showed.
