Wheat News

Russian wheat export prices rose last week as weather conditions continued to seriously hamper shipments from the country's southern ports, analysts said.The price of Russian wheat with 12.5% protein content for free-on-board (FOB) delivery in the second half of March was $233.0 a metric ton at the end of last week, up $2 compared to the previous week, said Dmitry Rylko, head of the IKAR consultancy.Weather conditions significantly limited shipments from Russia's southern ports in January.

India's on Friday allowed the export of 2.5 million metric tons of wheat and an additional 500,000 tons each of wheat products and sugar, as the world's second-biggest producer of both commodities seeks to support local growers amid protests over a trade deal between New Delhi and Washington.On Thursday, thousands of farmers staged demonstrations, alleging the government had compromised their interests under the interim U.S.-India trade framework, though the trade minister said safeguards were in place.Announcing the decision in a statement, the federal government said the aim was to stabilise

European Union soft wheat exports so far in 2025/26 are down 5% from the same week last year, though this season's volume lacked two days of figures for the latest week, the European Commission said on Tuesday.EU soft wheat exports since the start of the 2025/26 season in July had reached 9.19 million metric tons by November 21, compared with 9.69 million a year ago, the Commission said in a weekly report.However, due to a technical issue at the data source, the report included figures only up to last Friday…

Russia, the world's largest wheat exporter, has shipped 58,000 metric tons of food-grade wheat to Mexico from its western port of Kaliningrad this year, the local agricultural safety watchdog said on Monday, a significant slowdown from 2023 and 2024.Russia is aiming to diversify its grain exports beyond its traditional Middle East markets, targeting new ones in Latin America, Asia and Africa through its expanding grain terminals in the Baltic Sea.The Kaliningrad food safety watchdog said it inspected the wheat destined for Mexico between January 1 and November 5…

Chicago wheat futures were hesitant on Wednesday after Russia said that a number of conditions must be met before a Black Sea security deal with Ukraine can be activated, further questioning the agreement's impact on exports from the region.However, prospects that the deal would pause attacks at sea and on energy targets, along with favourable weather in the Black Sea region continued to pressure prices.The most-active wheat contract Wv1 on the Chicago Board of Trade (CBOT) was down 0.2% at $5.42-1/4 a bushel as of 1257 GMT.

“India is heading for the highest wheat harvest on record of 112 million tons this spring. However, exports will likely be limited in the coming year as the country is still recovering from last year’s poor harvest and is expected to focus on rebuilding its own wheat inventories,” says Filipe Gouveia, Shipping Analyst at BIMCO.During the past year, the Indian government has struggled to combat high domestic wheat prices and securing local food availability. A wheat export ban…

A Ukrainian ship loaded with 11,000 tonnes of wheat has arrived at the port of Tripoli in northern Lebanon on Tuesday, the state news agency NNA reported.The Golden Bird ship has started unloading its cargo, the agency quoted the port director Ahmed Tamer as saying, adding that another Ukrainian wheat ship, Princess Mariam, had unloaded a cargo of 7,000 tonnes of wheat in Tripoli port on Feb. 28.Princess Mariam, which had arrived from Ukraine's Mariupol port, will return to Tripoli with a new wheat cargo, Tamer added without setting a date for its return.Both ships left Ukraine shortly before the Russian invasion, Tamer told NNA on Feb.

Record high US seaborne exports of coarse grains in March of 9.2 million tonnes took total Q1 exports to 21.3 million tonnes. This is the highest ever first quarter on record and a 120% increase from Q1 2020.Of the total 21.3m tonnes exported so far this year, 68%, or 14.6m tonnes, have gone to Asia, an increase of 208.7% from Q1 2020. For years, the trade war has lowered US exports to China, but exports are now rebounding with a vengeance and China becoming the largest buyer of US coarse grains.