Strategie Grains has raised its forecast for the 2025/26 EU soft wheat production to 127.2 million tons (from 126.6 million tons in the previous estimate), which is significantly higher than the 2024/25 figure.
According to a forecast by SovEcon, Russia's wheat exports in January are expected to be between 1.8 and 2.2 million tons (compared to 3.6 million in January 2024).
Yesterday, wheat, corn, and soyoil futures in Chicago increased, while soybean and soymeal futures decreased. In Paris, wheat and corn futures declined, while rapeseed futures were mixed.
Yesterday, wheat and soyoil futures rose in Chicago, while corn, soybean, and soymeal futures declined. In Paris, wheat, corn, and rapeseed futures fell.
Over the past week, wheat, corn, soybean, and soyoil futures in Chicago increased, while soymeal futures declined. In Paris, the March wheat contract remained unchanged, but all subsequent contracts, as well as corn and rapeseed futures, rose.
Turkey sets duty-free import quotas for sunflower seeds and sunseed oil for the period January 1 to April 30, 2025, amounting to 1 million tons of sunflower seeds and 400,000 tons of sunseed oil.
