World grain market: Wheat prices rose, while corn and soybean prices fell on Tuesday

Published 2024년 11월 27일

Tridge summary

The wheat market saw a rise on November 26, 2025, with December soft winter wheat quotes on the Chicago Board of Trade (CBOT) increasing to $198.23 per ton. Despite concerns over the Black Sea, a technical rally led to the rise in wheat futures. The U.S. winter wheat planting was nearly completed, with 97% done as of Nov. 24, but the condition of the crop dropped to 55% good or excellent from 49% a week earlier. South Korea purchased 50,000 tonnes of U.S. wheat, while the EU's wheat exports were down significantly from the previous year. Corn and soybean futures saw a decline, with corn futures limited by a weaker U.S. dollar and potential new tariffs, and soybean futures influenced by a stronger U.S. dollar and favorable crop conditions in South America.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On Tuesday, November 26, 2025, the wheat market rose. December soft winter wheat quotes on the Chicago Board of Trade CBOT rose to $198.23 per ton, December hard winter wheat futures in Kansas City KCBT - to $202.27 per ton, December hard spring wheat futures in Minneapolis MGEХ fell to $212.19 per ton. December SRW futures in Chicago closed at $5.39-1/2, up 3 ¾ cents. HRW futures in Kansas City closed at $5.50-1/2, up 4 cents. Minneapolis spring wheat settled at $5.77-1/2, down 3 1/2 cents. Wheat futures rose on a technical rally as market participants shrugged off last week’s news of an escalation in the Black Sea. The final NASS Crop Progress report showed that U.S. winter wheat planting was 97% complete as of Nov. 24, with 89% emergence. The U.S. Department of Agriculture said 55% of the winter wheat crop was in good or excellent condition as of Sunday, down from 49% a week earlier. A South Korean importer bought 50,000 tonnes of U.S. wheat in a tender on Tuesday. The EU ...

Source: Zol