Wasde Highlights - Round of harvest upgrades weighs on wheat prices

09/12/25

Wheat exporter end stocks Wasde 12.25

• Monthly USDA crop report upgrades wheat harvests in Argentina, Australia, Canada EU and Russia
• Rapeseeed carryout stocks now expected to close 2025/26 at record high
• Forecast for US corn exports lifted again, even as Ukraine’s harvest and shipments downgraded

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