Andrey Sizov
17.02.2026
U.S. markets were closed on Monday for Presidents Day. The March Euronext wheat contract closed at €191.50/mt ($227/mt; +0.1%).
Morocco’s grain traders association FNCL estimates the country’s 2026 wheat crop at 5.0 mmt, up from 2.4 mmt a year earlier, after wet winter weather. The millers association FNM said the larger crop will not reduce wheat imports, and the grain will be sent to strategic storage. USDA pegs Morocco’s 2025/26 wheat imports at 7.3 mmt.
Ukrainian farmers have resumed harvesting corn ahead of the spring planting campaign, reflecting the need to clear fields for sowing. About 10% of corn area remained unharvested at the start of 2026.
Egypt’s strategic wheat stocks are sufficient to cover market needs for more than four months, including during Ramadan, Hussein Bodi, vice president of the Grain Industry Chamber of the Federation of Egyptian Industries, said. He put stocks at about 4.5 mmt.
