On Monday, U.S. grain futures declined. March SRW wheat settled at $5.35/bu ($196/mt), down 0.2% from Friday. March HRW wheat fell to $5.26/bu ($193/mt; -0.9%). March Euronext wheat closed at €190.75/mt ($222/mt; +0.8%). March U.S. corn futures slipped to $4.44/bu ($175/mt; -0.2%).
China imported 8.1 mmt of soybeans in November, the highest volume since 2021 and up 13% YoY, Reuters reported, citing customs data. The agency estimates annual imports may reach a record on the back of a trade truce with the United States and active buying in South America.
For the week ended Dec. 4, U.S. corn exports amounted to 1.453 mmt, compared with market expectations of 1.200–1.450 mmt, USDA data showed. Wheat exports over the same period totaled 393,000 mt versus expectations of 200,000–400,000 mt.
