Andrey Sizov
23.12.2025
On Monday, grain futures rose. Chicago SRW wheat for March settled at $5.15/bu ($189/mt; +1.1% vs. Friday). Kansas City HRW wheat for March rose to $5.21/bu ($191/mt; +1.2%). Euronext wheat for March closed at €188.25/mt ($221/mt; +0.8%). US corn for March climbed to $4.47/bu ($176/mt; +0.8%).
Egypt’s Mostakbal Misr bought 700,000 mt of wheat in private deals last week. Suppliers included Russia, Ukraine, Bulgaria, Romania and France.
Germany’s winter wheat area totaled 2.9 mln ha, the highest since 2022, up from 2.8 mln ha a year earlier, Destatis reported.
In the week ended Dec. 18, US wheat shipments totaled 0.6 mmt, above trade estimates of 0.2-0.4 mmt, USDA data showed. It was the highest weekly figure since late September.
US corn shipments for Dec. 12-18 totaled 1.7 mmt versus estimates of 1.0-2.2 mmt. Cumulative corn shipments since the start of the marketing year reached 24.3 mmt, up 68% from a year earlier. Soybean shipments were 0.8-1.0 mmt, in line with expectations, but cumulative shipments totaled just 14.6 mmt, down 46% from last year.
Russia has completed the 2026 winter-crop sowing campaign. As of mid-December, farmers had planted 16.1 million hectares of winter wheat, slightly below 16.2 million hectares a year earlier and down from 16.9 million hectares two years ago. Russia’s winter wheat area peaked at 17.8 million hectares in December 2021 before entering a downward trend, reflecting weaker profitability in grain production following the introduction of wheat export taxes.
