Andrey Sizov
19.12.2025
On Thursday, grain markets were mostly higher. Chicago SRW March settled at $5.08/bu ($186/mt), down 0.6% from Wednesday. Kansas City HRW March rose to $5.17/bu ($190/mt), up 1.9%. Euronext wheat March settled at €186.00/mt ($218/mt), up 0.4%. Corn March climbed to $4.44/bu ($175/mt), up 0.9%.
The Buenos Aires Grain Exchange raised its 2025/26 Argentina wheat crop forecast by 1.6 mmt to 27.1 mmt. The Rosario exchange pegs the crop at 27.7 mmt, while the USDA puts it at 24.0 mmt.
As of Dec. 17, Argentina’s wheat harvest was 73% complete, down from 76% a year earlier, Buenos Aires Grain Exchange data showed. Wheat yield is estimated at 4.24 mt/ha versus 2.80 mt/ha a year ago.
Argentina’s corn planting was 70% complete as of Dec. 17, up from 66% a year earlier, Buenos Aires Grain Exchange data showed. The exchange rated 99% of corn crops as normal to excellent, compared with 100% a year ago.
Farmers rallied in Brussels on Thursday against the EU-Mercosur trade agreement, which would remove tariffs on most goods between the EU and South American countries.
