In Western Australia, preparations are underway for an unexpectedly high wheat production despite a lack of rainfall. The state, Australia's leading producer, is expected to harvest 10.33 million tons this year (+1 compared to September's forecast).
Yesterday, wheat, corn, soybean, soymeal, and soyoil futures in Chicago declined. In Paris, wheat futures increased, corn remained largely unchanged, while rapeseed futures saw a significant drop.
According to forecasts by the Russian Grain Union, grain exports from Russia for the period July–November will amount to 30 million tons, exceeding 50% of the country’s annual export potential.
Yesterday, wheat, corn, and soymeal futures rose in Chicago, while soybean and soyoil futures declined. In Paris, wheat futures increased, corn futures were mixed, and rapeseed futures fell.
Yesterday, wheat futures in Chicago increased, while corn, soybean, soymeal, and soyoil futures declined. In Paris, wheat futures rose, while corn and rapeseed futures fell.
Ukraine's Ministry of Agriculture has released its first forecast for wheat planting areas for the 2025/26 harvest, estimating 5 million hectares (up from 4.6 million hectares in 2024/25).
