Andrey Sizov
24.07.2025
Grain futures declined on Wednesday. September SRW wheat closed at $5.40/bu ($199/mt; -1.6% compared to Tuesday). September HRW wheat fell to $5.23/bu ($192/mt; -1.8%). September Euronext wheat settled at €199.50/mt ($235/mt; -1.6%). September U.S. corn eased to $3.98/bu ($157/mt; -0.2%).
Japan and the U.S. signed a deal under which Japan plans to purchase $8 billion worth of agricultural and other goods. The U.S. Annual U.S. agricultural exports to Japan are currently estimated at $11–12 billion.
As of mid-July, Bulgaria harvested 5.8 mmt of wheat, or 78% of the projected area, according to Agriculture Minister Yanislav Yanchev. The 2024 wheat crop is estimated at 7.0 mmt.
Tunisia’s ONF purchased 100 tmt of wheat at $261–263/mt in an international tender. Shipment is scheduled for August–September 2025.
