Andrey Sizov
21.07.2025
Grain futures rose on Friday. September SRW wheat closed at $5.46/bu ($201/mt; +2.4% compared to Thursday). September HRW wheat increased to $5.29/bu ($194/mt; +2.2%). September Euronext wheat settled at €202.50/mt ($235/mt; +1.5%). September U.S. corn rose to $4.08/bu ($161/mt; +1.6%).
As of July 17, Ukrainian farmers harvested 4.7 mmt of wheat (vs. 10.3 mmt a year earlier) from 1.5 mlm ha (2.6 mlm ha), with an average yield of 3.1 mt/ha (3.9 mt/ha), according to the Ukrainian Agriculture Ministry. Total grain harvest amounted to 7.2 mmt, down from 13.8 mmt last year.
Bangladesh signed a memorandum of understanding to purchase 700 tmt of wheat annually from the U.S. over the next five years.
Starting July 23, Russia’s wheat export tax will remain at zero for a third consecutive week, according to data from the Russian Agriculture Ministry.
