Andrey Sizov
27.05.2025
Join us on Wednesday May 28; 10:30AM US Eastern / 4:30PM Central European / 5:30PM Moscow at our Black Sea webinar.
On Monday, U.S. markets were closed in observance of Memorial Day. French wheat prices declined to €205.50/mt ($234/mt; -0.5%).
Egypt’s domestic wheat procurement may rise to 5.0 mmt from 3.5 mmt a year earlier, which would significantly reduce imports, said the country’s supply minister, Sherif Farouk.
Rainfall is expected in China’s key wheat-producing regions, which will help reduce risks to the crop, according to the country’s National Meteorological Center. The Agriculture Ministry urged farmers to speed up harvest operations ahead of the anticipated rains.
Harvesting of Brazil’s second corn crop has begun, according to data from Conab. As of May 25, 1.1% of the crop had been harvested, compared to a five-year average of 0.6%.
