Andrey Sizov
06.02.2025
Grain futures fell on Wednesday. The March SRW wheat contract closed at $5.72 per bushel ($210/mt; -0.9% compared to Tuesday). The March HRW wheat contract in Kansas dropped to $5.92 per bushel ($217/mt; -0.5%). The March Euronext wheat contract closed at €231.00/mt ($240/mt; -1.7%). The March U.S. corn contract fell to $4.93 per bushel ($194/mt; -0.2%).
The U.S. Department of Agriculture reported the sale of 330,000 metric tons of corn to Mexico for delivery in the 2025/26 marketing year.
The U.S. has suspended wheat and soybean purchases for international aid programs amid a review of federal assistance rules, Reuters reported, citing nine sources.
The productive moisture reserves under Ukrainian winter wheat crops in the topsoil are 65-78% of the multi-year average, according to the National Academy of Agricultural Sciences of Ukraine.
Kazakhstan is ready to deliver 1 million metric tons of grain to Egypt and plans to increase supplies in the future, said the country’s Agriculture Minister Aidarbek Saparov during a meeting with the Egyptian ambassador.
Bangladesh’s state grain buyer will hold a tender on February 19 for the purchase of 50,000 metric tons of milling wheat of unspecified origin.
