Andrey Sizov
23.03.2026
U.S. grain futures fell on Thursday. May SRW wheat settled at $5.95/bu ($219/mt; -2.1% vs. Thursday). May HRW wheat tumbled to $6.06/bu ($223/mt; -3.3%). May Euronext wheat closed at €203.25/mt ($235/mt; -1.8%). May U.S. corn slipped to $4.65/bu ($183/mt; -0.9%).
At least 11 ships carrying grains and oilseeds for Iran have been allowed to pass through the Strait of Hormuz since late February, the Financial Times reported, citing sources. Most of the vessels are registered in Greece, making them among the few Western ships permitted to transit the blockade imposed shortly after the war in the Middle East began.
Russia’s wheat export tax will rise to 515.6 rub/mt ($6.2/mt) for March 25-31 from 140.9 rub/mt ($1.7/mt) a week earlier, the Agriculture Ministry said.
