Andrey Sizov
07.11.2025
Grain futures declined on Thursday. December SRW wheat closed at $5.35/bu ($197/mt; -3.5% compared to Wednesday). December HRW wheat fell to $5.22/bu ($192/mt; -3.3%). December Euronext wheat settled at €192.00/mt ($222/mt; -1.2%). December U.S. corn dropped to $4.29/bu ($169/mt; -1.5%).
Germany’s 2025 corn crop is estimated at 4.7 mmt (-3.5% YoY), according to the German Association of Agricultural Cooperatives. The decline is attributed to dry conditions during the spring and summer, though the association said yields remain decent.
As of November 3, winter wheat planting in France was completed on 79% of the planned area, compared to 59% a year earlier and a five-year average of 74%, FranceAgriMer reported.
French corn harvest was 90% complete as of November 3, versus 55% in 2024 and a five-year average of 83%, according to FranceAgriMer.
As of November 5, wheat harvest in Argentina was 12% complete, in line with last year’s pace, according to the Buenos Aires Grain Exchange (BAGE).
Corn planting in Argentina reached 36% as of November 5, compared to 37% a year earlier, BAGE said.
