Andrey Sizov
17.06.2025
Grain futures declined on Monday. The July SRW wheat contract closed at $5.36/bu ($197/mt; -1.3% from Friday). The July Kansas HRW contract fell to $5.36/bu ($197/mt; -0.9%). September Euronext wheat settled at €200.25/mt ($231/mt; -1.2%). July U.S. corn futures dropped to $4.35/bu ($171/mt; -2.2%).
As of June 15, the U.S. winter wheat harvest was 10% complete, compared to 25% a year ago and 11% according to market estimates, USDA data showed.
The share of winter wheat rated in good or excellent condition fell to 52%, down from 54% the previous week and below the market estimate of 54%. Corn ratings rose to 72%, up from 71% a year earlier and slightly above the market forecast of 71%.
As of June 12, Ukrainian farmers had planted 5.6 mln ha of spring grains and pulses out of the projected 5.7 mln ha, according to the country’s Agriculture Ministry. The area includes 4.0 mln ha of corn, 0.2 mln ha of wheat, and 0.8 mln ha of barley.
Tunisia’s ODC bought 75,000 mt of soft wheat at $243–248/mt in a recent tender, according to European traders.
