Andrey Sizov
17.10.2025
US grain futures strengthened Thursday. December SRW wheat rose to $5.02/bu ($185/mt; +0.8% from Wednesday). December HRW wheat in Kansas closed at $4.89/bu ($180/mt; +0.1%). December Euronext wheat fell to €187.75/mt ($219/mt; -1.2%). December US corn climbed to $4.22/bu ($166/mt; +1.2%).
Egypt’s Mostakbal Misr purchased two cargoes of French wheat in the latest of a series of purchases in France, Reuters reported, citing trade sources. The cargoes were sold at $240/mt FOB via 270-day letters of credit, according to the sources.
Algeria’s state grain agency OAIC bought about 400,000 mt of durum wheat in an international tender on Wednesday, European traders said.
France’s state agency FranceAgriMer raised its 2025 soft wheat export forecast to 15.0 mmt from 14.7 mmt. That’s up 44% from last season. Barley and corn export forecasts were raised to 5.7 mmt from 5.6 mmt and to 5.1 mmt from 4.8 mmt, respectively.
