Wheat International Market
31-Oct-2025 08:16 AM
Wheat International Market
Following the Trump–Xi meeting in South Korea on Wednesday evening, a slight “sell-the-fact” type reaction is expected in the market. Nothing specific was mentioned about wheat, except that tariffs will be lifted.
Dry conditions are expected across much of the wheat-producing regions next week.
South Korean mill importers have issued a tender to purchase 40,300 metric tons of wheat, with a Friday deadline. The European Commission raised its EU wheat production estimate by 0.8 million metric tons to 133.4 million metric tons, while keeping ending stocks unchanged at 10.8 million metric tons.