Leonid
31.07.2024
On Tuesday, U.S. grain prices declined again. December SRW wheat futures closed at $5.49/bushel ($202/mt; -1.1% compared to Monday). HRW wheat in Kansas City fell to $5.66/bushel ($208/mt; -0.5%). September Euronext wheat futures closed at €222.75/mt ($241/mt; -0.4%). September U.S. corn futures dropped to $4.05/bushel ($159/mt; -1.7%).
The harvest of the second corn crop in Brazil is 91% complete, according to AgRural. Analysts note that the harvest is proceeding at the fastest pace on record, significantly exceeding last year’s rate of 55%.
Ukrainian company Nibulon and Romanian company TTS have signed an agreement to export 1.6 mmt of grain in the 2024/25 season, reported the Ukrainian enterprise’s press service.
