Andrey Sizov
15.01.2026
On Wednesday, U.S. grain futures edged higher. Chicago SRW wheat for March settled at $5.12/bu ($188/mt; +0.2% from Tuesday). Kansas City HRW wheat for March rose to $5.22/bu ($192/mt; +0.5%). Euronext wheat for March settled at €188.75/mt ($220/mt; -0.8%). U.S. corn for March rose to $4.22/bu ($166/mt; +0.6%).
Argentina’s Rosario exchange raised its 2025/26 corn production estimate by 1.0 mln t to 62.0 mln t on a larger planted area. The country’s corn crop is seen at a record level and well above 52.5 mln t a year earlier.
FranceAgriMer lowered its forecast for French wheat exports outside the EU in 2025/26 by 0.1 mln t to 7.5 mln t, still above 6.8 mln t a year earlier.
Saudi Arabia’s GFSA will hold a tender on Jan. 16 to buy 595,000 mt of wheat for shipment in April-May. In a tender last November, the agency bought 300,000 mt of wheat at $258-260/mt C&F.
SovEcon estimates Russia will ship 3.0–3.4 million metric tons (mmt) of wheat in January, compared with 2.3 mmt a year earlier and a five-year average of 3.1 mmt. Russian wheat exports are expected to be above average due to strong competitiveness and revived demand from major importers.
