Andrey Sizov
24.03.2025
Wheat futures rose Friday. The May SRW wheat contract closed at $5.58/bu ($205/mt; +0.2% compared to Thursday). The May HRW wheat contract in Kansas City rose to $5.89/bu ($216/mt; +0.4%). The May Euronext wheat contract closed at €226.25/mt ($245/mt; -0.2%). The May U.S. corn contract declined to $4.64/bu ($183/mt; -1.0%).
Moscow and Washington have begun talks in Riyadh. According to the Russian side, the agenda includes a possible revival of the grain deal.
As of March 20, Ukraine had exported 31.5 million metric tons (mmt) of grains and pulses, down from 32.9 mmt a year earlier. March shipments totaled 2.3 mmt, compared to 3.2 mmt in the same period last year.
Taiwan’s flour millers’ association issued a tender to buy 100k mt of U.S. milling wheat, according to traders.
