Andrey Sizov
26.09.2025
On Thursday, U.S. grain prices moved higher. December SRW wheat closed at $5.27/bu ($194/mt; +1.4% vs. Wednesday). December HRW wheat rose to $5.12/bu ($188/mt; +1.1%). December Euronext wheat settled at €190.75/mt ($224/mt; +0.1%). December U.S. corn increased to $4.26/bu ($168/mt; +0.4%).
For the week ending September 18, U.S. exporters sold 1.9 mmt of corn, above expectations of 1.0–1.8 mmt, according to USDA data. This was the highest weekly corn sales total since October 2024.
On Wednesday, September 24, Argentine exporters sold 11.5 mmt of grain valued at $4.2 billion, Buenos Aires Herald reported. The sharp surge in export sales followed the temporary suspension of agricultural export duties.
Export prices for Russian 12.5% protein wheat rose by $1.5 to $228–229/mt FOB, according to SovEcon’s price monitoring. Before that, Russian wheat prices had been declining for four straight weeks. Prices were supported by limited wheat supply, a stronger ruble, and global market conditions.
