Andrey Sizov
15.05.2025
Grain futures rose on Wednesday. July SRW wheat closed at $5.25/bu ($193/mt; +1.4% compared to Tuesday). July HRW wheat in Kansas climbed to $5.23/bu ($192/mt; +2.2%). September Euronext wheat settled at €205.00/mt ($229/mt; +0.2%). July U.S. corn rose to $4.45/bu ($175/mt; +0.7%).
The European Union is preparing to end its special trade arrangement with Ukraine that allowed duty-free grain imports into the bloc, the Financial Times reported. After the agreement expires on June 6, the EU plans to introduce “transitional measures.”
Algeria’s OAIC purchased 600–700 tmt of soft wheat at $244.5/mt as part of an international tender, European traders said.
The USDA on Wednesday canceled current grants under the Food for Progress initiative, Reuters reported, citing documents and sources. The Food for Progress program supplies U.S. agricultural products to support agricultural and economic development projects worldwide.
