Grain and Winter Crops Market: Overview and Trends - Incubator

Corn on the CBOT exchange decreased by 7.00 ¢/bsh to 411.00 ¢/bsh, SRW wheat rose to 543.00 ¢/bsh, HRW wheat on the KCBT exchange fell to 503.50 ¢/bsh, HRS wheat on the MGE exchange dropped to 613.00 ¢/bsh, oats on the CBOT exchange decreased to 395.50 ¢/bsh, while rough rice prices on the CBOT increased to 12.68 usd/cwt.

The branch of the Central Office for the Development of Agriculture in Voronezh has studied the grain of winter wheat collected in the Petropavlovsk district. The test weight of the grain exceeds 744 g/l, corresponding to the third grade. Protein content is 27-28%, transparency is between 45% and 47%. This wheat can be used for baking bread and making pasta.

It is planned to analyze the properties of wheat with a total volume of 3.31 million tons.

Indian authorities are discussing purchasing 8-9 million tons of wheat from Russia to reduce prices in the domestic market. The decision will be made cautiously. India's reserves are 20% below the 10-year average. The government has imposed restrictions on wheat volumes to stabilize prices.

In Russia, on July 8, 2025, 7 contracts were concluded for the purchase of wheat totaling 1599 tons. The average price per ton was 15,657 rubles (198.61 US dollars).

Information on grain exchange trading.

Corn at the CBOT Chicago fell by 13.50 ¢ to 418.00 ¢/bsh; Soft Red Winter Wheat decreased by 8.00 ¢ to 539.75 ¢/bsh; Hard Red Winter Wheat at the KCBT Kansas dropped by 9.50 ¢ to 508.50 ¢/bsh; Hard Red Spring Wheat at the MGE Minneapolis fell by 9.25 ¢ to 620.75 ¢/bsh; Oats prices at the CBOT Chicago dropped by 0.25 ¢ to 403.25 ¢/bsh; Rough Rice at the CBOT Chicago decreased by 0.19 to 12.41 dollar/cwt (07.07.2025).

World wheat prices were rising: soft red winter wheat on the CBOT +4.38%, hard on the KCBT +0.39%, and on MGE +3.62%. Corn on the CBOT grew by +3.35%, while rice on the CBOT fell by -3.74%. Prices in Russia: wheat $227, barley $195.10, corn $231.70. The wheat index CPT Novorossiysk increased by +1.64%.

In Southern Russia, the harvesting of grain has begun. Due to the lack of precipitation, the yield has decreased: in the Rostov region - 2 t/ha (compared to 3.6 t/ha last year), in the Krasnodar region - 4.5 t/ha (compared to 6.2 t/ha last year), in the Stavropol region - 4 t/ha. Restrictions have been imposed in some areas due to drought so that farmers could receive compensation. There are plans to increase the yield. The annual forecast is 83 million tons of wheat.

Trading indicators on exchanges on 07/03/25: rising prices for corn, decrease for soft and hard wheat, oats, and rough rice. Corn on CBOT - 431.50 ¢/bushel, soft wheat - 547.75 ¢/bushel, hard wheat on KCBT - 518.00 ¢/bushel, oats - 403.50 ¢/bushel, rough rice on CBOT - 12.61 usd/cwt.

Russia seeks to finalize outstanding agreements on the grain deal by July 18th. New contacts and consultations are possible. Russia demands the launch of the ammonia pipeline, acknowledging the difficulties. The completion of the deal depends on the UN.

In Stavropol Krai, the first million tons of grain have been harvested, with 15% of the area processed. The best crop yields are in Kochubeyevsk and Novoaleksandrovsk districts – 72.4 and 64.6 c/ha, respectively. The average yield in the region is 40.4 c/ha.

Prices for commodities on CBOT and KCBT exchanges changed on 27.06.25:

• Corn on CBOT - 417.50 ¢/bsh (+8.00)
• Soft wheat on CBOT - 524.75 ¢/bsh (+3.75)
• Hard wheat on KCBT - 516.00 ¢/bsh (-2.25)
• Hard red spring wheat on MGE - 608.00 ¢/bsh (+1.25)
• Oats on CBOT - 385.25 ¢/bsh (+20.00)
• Rough rice on CBOT - 13.10 usd/cwt (+0.06)

A grain trader from Rostov demands 5.6 billion rubles from the Central Bank of Syria and a company for breaching contracts. The lawsuit is related to events in Syria following Assad's overthrow.

The company "Pallada" earned 21.5 billion rubles and is listed in the top 25 companies in the Rostov region.