Category: Wheat

South Korea’s MFG bought 65,000 tons of feed wheat in a private deal with Cargill. Price set at $264.30 per ton C&F, delivery scheduled for March 2026. Agreement strictly excludes wheat of Russian origin (along with China, Pakistan, Argentina, and Denmark). This distant-dated deal acts as a forward price marker but does not indicate near-term…

Russian wheat production forecast to decline to 85.5–88 million tons in 2026, down from 88.4–88.5 million tons in 2025. Export competitiveness under pressure: Russian wheat priced at $227/ton FOB Novorossiysk, above French wheat. November exports robust at 4 million tons (through Nov 24), targeting 5.2+ million tons for the month. Structural challenges: reduced wheat acreage,…

Today’s Wheat News: Market Update for November 2025 Key Takeaways CBOT wheat futures decline 0.32% to $5.3975 per bushel for March contracts Global wheat production forecast increased to 830 million tons for 2025/26 Strong export competition drives prices lower despite active demand Winter wheat planting 97% complete with excellent crop conditions Current Price Movements Show…