During the January–June 2025 period, wheat exports from Russia are projected to be 12–13 million tons, more than 50% lower than the previous year’s 29 million tons. For the entire season, exports are expected to reach 41–42 million tons.

Over the past week, 374,200 tons of wheat were exported from Russia’s Novorossiysk port (compared to 551,800 tons the previous week), including shipments to Bangladesh (104,500 tons), Saudi Arabia (66,000 tons), Indonesia (63,900 tons), and other destinations.

Between July 1 and December 9, 2024, Ukraine exported 18.981 million tons of grain (14.697 million tons a year earlier), including 606,000 tons in December (compared to 1.6 million tons). Wheat exports accounted for 9.115 million tons (121,000 in December), barley exports reached 1.866 million tons (4,000), and corn exports were 7.684 million tons (475,000), showing a significant increase compared to the previous year.

According to AHDB, the weak wheat harvest in the UK during 2024/25 will strain the market despite high imports and stock levels. The production is estimated at 16.64 million tons (-21%), with the lowest level recorded in 2013/14 at 11.05 million tons. Imports are expected to rise by 163,000 tons to 2.60 million tons, while beginning stocks are projected at 2.99 million tons, the lowest since 1999/2000. Domestic consumption is forecasted at 14.01 million tons (-934,000 tons).

The European Commission has lowered its 2024/25 soybean production estimate for the EU by 10,000 tons to 2.8 million tons. In Romania, the soybean production is 171,000 tons (-44%), while in Hungary, it is 260,000 tons (+50%). Sunseed productions in Romania and Bulgaria are at their lowest levels in the past decade.

The Council of Palm Oil Producing Countries forecasts palm oil prices in 2025 to range from 904 to 1,130 USD/ton. Prices will be influenced by stagnant production in Indonesia and Malaysia. A market deficit is expected to drive prices higher. Current prices are approximately 1,130 USD/ton, supported by floods in Malaysia, plantation efforts, and increased demand due to biodiesel production.

According to the Rosario Grain Exchange, Argentina’s 2024/25 soybean production is expected to be 53–53.5 million tons, corn production is estimated at 50–51 million tons, and wheat production is projected at 18.8 million tons. Soybean acreage will reach 17.8 million hectares (+7.8% compared to 2023/24 or 16.6 million hectares), the highest level in six years. In 2023/24, soybean production was 48 million tons, and corn production was 50 million tons.

According to the Pakistan Bureau of Statistics, no wheat was imported into Pakistan during 2024/25 (compared to 556,900 tons a year earlier). Soybean imports amounted to 430,200 tons (516,700 tons a year earlier).

Egypt’s Mostakbal Misr agency will replace the state-owned GASC for domestic and international food procurement. This new approach has raised skepticism among international partners. GASC built expertise and credibility over decades, and the transition will likely face challenges in the short term.