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Wheat Watch: Global Harvests, Prices, and the Midwest Chill

Wheat Watch: Global Harvests, Prices, and the Midwest Chill

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This is your Daily Wheat Price Tracker with Vanessa Clark podcast.

Hi everyone, I'm Vanessa Clark, and welcome to the Daily Wheat Price Tracker. Today, we're going to dive into the latest news and updates in the world of wheat.

First off, let's look at the current trading price for wheat. As of today, wheat futures are showing some movement. The December 2025 wheat contract is trading around $5.49 per bushel. This is a slight increase, supported by short covering and some reports of lower-than-expected maize yields in parts of the US Midwest. On international markets, UK feed wheat futures have been mixed, with the November 2025 contract dropping recently due to a stronger sterling against the US dollar and abundant global wheat supply.

In Argentina, the Buenos Aires Grain Exchange has noted that a cold snap could potentially affect the wheat crop during its critical growth stages. Argentina is predicting a significant harvest of 22 million metric tons, which would be the country's second-largest crop in history. However, weather forecasts suggest that cold weather next week could impact yields.

Australia's grain production is also in the spotlight, with Western Australia potentially harvesting a record-breaking crop this year. Strong weather and a shift from livestock to cropping have contributed to this outcome, which may exacerbate the global wheat glut. Australia's enhanced crop output is expected to continue influencing global wheat prices, especially given its major role as a wheat exporter to Asia.

As we move forward, it's clear that wheat prices will continue to be influenced by global supply dynamics, weather conditions, and currency fluctuations. For those interested in staying up-to-date on these developments, it's crucial to monitor these factors closely.

Thanks for tuning in today If you want to stay informed about the latest wheat market trends, be sure to subscribe to our podcast and join us next time on the Daily Wheat Price Tracker.

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