Global grain market: Wheat closes mixed on Friday, corn rises, soybeans fall

Published Dec 2, 2024

Tridge summary

The wheat market closed mixed on November 29, 2025, with winter wheat being the weakest. The weekly export sales report showed a decrease in wheat sales to the lowest in nine weeks. Soft winter wheat sowing in France was completed at 93% of the area, with an estimated EU wheat harvest for the 2024/25 season at 112.3 million tonnes. Russia set its wheat export quota for the period 15 February to 30 June 2025 at 11 million tonnes, a decrease from the previous year. In contrast, soybean futures were little changed after a choppy session, with private export sales of 840,000 tonnes to unspecified destinations in 2024/25. The coming week is expected to be drier in much of central/western Brazil, with more rain than usual expected in southern areas.

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

Original content

The wheat market closed mixed on Friday, November 29, 2025, with winter wheat being the weakest. Chicago Mercantile Exchange (CBOT) March soft winter wheat futures settled at $201.35 a ton, Kansas City (KCBT) March hard winter wheat futures settled at $198.69 a ton, and Minneapolis (MNEX) March hard spring wheat futures settled at $217.43 a ton. Chicago December SRW futures settled at $5.32-1/4, down 5 ½ cents. Chicago March SRW futures settled at $5.48, down ½ cents. Kansas City December HRW futures settled at $5.20-3/4, down 5 1/2 cents. Kansas City March HRW futures settled at $5.40-3/4, down 3 1/4 cents. Minneapolis December spring wheat futures settled at $5.72-1/2, up 8 cents. Minneapolis March spring wheat futures settled at $5.91-3/4, up 1/2 cent. The weekly export sales report showed wheat sold at 366,804 tons for the week of Nov. 21-25, in the middle of estimates of 200,000 and 600,000 tons. This was a 9-week low and down 33.26% from the previous week. The largest buyer ...

Source: Zol