Andrey Sizov
26.01.2026
On Friday, grain futures rose. March SRW wheat settled at $5.29/bu ($195/mt; +2.7% vs. Thursday). March HRW wheat climbed to $5.41/bu ($199/mt; +2.9%). March Euronext wheat settled at €191.00/mt ($226/mt; +0.8%). March U.S. corn rose to $4.30/bu ($169/mt; +1.5%).
For the week ended Jan. 15, U.S. exporters sold 4.0 mmt of corn, above market estimates of 1.9-3.1 mmt. That was the largest weekly total since March 2021, when weekly sales jumped to 4.4 mmt. South Korea, Japan and Mexico were the main buyers. Some of the volume likely went to China. U.S. wheat sales totaled 618,000 mt, above estimates of 150,000-450,000 mt.
As of Jan. 22, Ukrainian farmers harvested 28.9 mmt of corn from 4.0 mln ha (92% of the area) with an average yield of 7.17 mt/ha.
Russia’s wheat export tax will remain at zero for a third straight week from Jan. 28, the Agriculture Ministry said.
