International Wheat Market Update

29-Jan-2025 08:10 AM

International Wheat Market Update
Texas released its state crop production report on Monday, showing 42% of winter wheat rated as good/excellent (gd/ex). The Brugler500 Index stood at 322, slightly higher than 321 last week and significantly better than the same period last year.
According to the European Commission, the EU wheat exports totaled 12.8 million metric tons (MMT) from July 1 to January 26 in the current marketing year, significantly lower than 19.35 MMT during the same period last year.