Andrey Sizov
30.07.2025
Grain prices declined on Tuesday. The September SRW wheat contract closed at $5.30/bu ($195/mt; -1.6% from Monday). The September HRW wheat contract fell to $5.18/bu ($190/mt; -1.4%). The September Euronext wheat contract settled at €196.75/mt ($227/mt; -1.3%). The September U.S. corn contract dropped to $3.89/bu ($153/mt; -1.1%).
Heavy rains in key wheat-producing regions of Australia have improved crop prospects, participants of the Australian Grains Industry Conference said. According to Cargill trading manager Sam Napier, the wheat crop could exceed 33 mmt. The Australian agriculture ministry currently estimates wheat production at 30.6 mmt.
Jordan will hold a tender to purchase 120 tmt of milling wheat on August 5. The previous tender, scheduled for Tuesday, concluded without a purchase.
Between July 1 and 27, the European Union exported 0.8 mmt of soft wheat, compared to 2.2 mmt a year earlier, according to European Commission data. Analysts noted that grain export figures from France, Bulgaria, and Ireland remain incomplete.
