Andrey Sizov
01.09.2025
U.S. grain futures rose on Friday. The December SRW wheat contract closed at $5.34/bu ($196/mt; +1.0% from Thursday). The December HRW wheat contract increased to $5.20/bu ($191/mt; +0.8%). The December Euronext wheat contract settled at €194.00/mt ($227/mt; +0.8%). The December U.S. corn contract climbed to $4.20/bu ($165/mt; +2.5%).
Egypt imported 4.5 mmt of wheat in the 2024/25 season, down 21% from the previous year, Finance Minister Ahmed Kajouk said. The total value of imports was estimated at $1.2 billion.
As of August 29, Ukrainian farmers had harvested 21.9 mmt of wheat (21.8 mmt a year earlier) from 5.0 mln ha (4.9 mln ha) with an average yield of 4.37 mt/ha (4.47 mt/ha).
Russia’s wheat export duty will rise to 134.4 rub/mt starting September 3, up from 32.1 rub/mt a week earlier, the Agriculture Ministry said.
