Andrey Sizov
19.01.2026
On Friday, grain futures rose. The March SRW wheat contract closed at $5.18/bu ($190/mt; +1.5% from Thursday). The March HRW wheat contract rose to $5.27/bu ($194/mt; +1.9%). The March Euronext wheat contract closed at €190.75/mt ($221/mt; +0.8%). The March U.S. corn contract climbed to $4.25/bu ($167/mt; +1.0%).
Saudi Arabia’s GFSA bought 907 tmt of wheat at $259-$262/mt C&F in an international tender. Suppliers included the EU, the Black Sea region, North and South America, and Australia.
Algeria’s OAIC will hold a tender on Jan. 19 for a nominal 50 tmt of wheat of optional origin for March shipment. In December, the agency bought 810-900 tmt of wheat at $256/mt C&F.
The export tax rate on Russian wheat will remain at zero for a second straight week from Jan. 21, Russia’s Agriculture Ministry said.
