Ad hoc commentary

SovEcon: Russian and global grain market news – March 25, 2025

Daily news and market insights from a leading firm focused on the Black Sea grain markets research

SovEcon: Russian and global grain market news - March 25, 2025
Andrey Sizov 25.03.2025

Wheat futures declined Monday. The May SRW wheat contract closed at $5.48/bu ($201/mt; -1.8% compared to Friday). The May HRW wheat contract in Kansas City fell to $5.78/bu ($212/mt; -1.8%). The May Euronext wheat contract closed at €222.25/mt ($240/mt; -1.8%). The May U.S. corn contract remained unchanged at $4.64/bu ($183/mt).

According to USDA data, wheat export inspections for the week ending March 20 totaled 485 tmt, above expectations of 200–400 tmt.

Second-crop corn planting in Brazil was 96% complete, compared to 97% last year and 92% on the five-year average, Conab reported.

Morocco will extend its soft wheat import subsidy program through December 2025 amid ongoing drought conditions.

Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

More Articles for You

Russian 2026/27 Wheat Export Forecast Cut by 4.7 MMT
Ad hoc commentary   •   30.09.2026   •   2 min read

Russian 2026/27 Wheat Export Forecast Cut by 4.7 MMT

The 2026/27 Russian wheat export forecast has been cut by 4.7 MMT to 36.7 MMT, according to SovEcon’s latest report. …

Tractor sowing winter grains in a field under heavy autumn clouds
Ad hoc commentary   •   23.09.2026   •   2 min read

Russia’s winter crop sowing pace is the slowest since 2013

As of Sept. 18, Russia had planted 6.1 million hectares of winter grains, down from 7.1 million hectares a year …

Black Sea grain terminal with bulk carriers under stormy skies
Ad hoc commentary   •   16.09.2026   •   3 min read

Russia, Ukraine Wheat Exports Set for Lowest Jul-Sep Since 2010

The first quarter of the 2026/27 season is nearing its end with Russian and Ukrainian wheat exports running at exceptionally …

Saudi Arabia Cancels Wheat Tender as Prices Surge
Ad hoc commentary   •   09.09.2026   •   3 min read

Saudi Arabia Cancels Wheat Tender as Prices Surge

The absence of competitive Black Sea wheat is starting to disrupt international tenders, according to the latest SovEcon report. Saudi …

Russian grain export terminal with a bulk carrier, silos and grain at the port
Ad hoc commentary   •   02.09.2026   •   2 min read

Russian Wheat Exports Start 2026/27 at Half Last Year’s Pace

Russian wheat exports are expected to remain around 2.0 mmt in September, compared with 4.6 mmt a year earlier, according …

Black Sea grain terminal with bulk carriers and grain stockpiles under stormy skies
Ad hoc commentary   •   26.08.2026   •   3 min read

Russia May Suspend Wheat Export Duty

Russia is likely to suspend its floating grain export duties through the end of 2026. The Agriculture Ministry is preparing …