Tidbits, Wheat Trades & Frost Aftermath, Eggs, Ag Sentiment, Weather, Export Sales 7/3/26
- Wright team
- 2 days ago
- 5 min read
Tidbits
Wheat: The Bangladeshi government has approved the purchase of 220,000 mts of U.S. wheat. Under the new agreement signed in July 2025, Bangladesh began large-scale wheat imports from the United States for the first time. According to the deal, around 700,000 mts of wheat will be imported annually, with the first phase bringing in 220,000 mts at a price of $302–$308 per mt (~$8.30/bu.).
Saudi Arabia has issued a tender to purchase 655,000 mts of wheat. Delivery is scheduled from September through October 2026.
The Russian’s grain export quota was in effect from February 15 to June 30 and amounted to 25 million tons. It was filled by 76%, just over 19 million tons, 85% of it was wheat, 9% corn, and 6.5% barley. Wheat was exported to 55 countries, with Egypt being the largest buyer (3.31 million mts), Turkey second (2 million mts), and Saudi Arabia third (1.1 million mts).
A late-spring frost on May 3 in the Eastern Corn Belt has had lingering effects on southern Ohio's wheat fields, slashing yields in half and leaving farmers to harvest what one agronomist calls “the ghost of what could have been.”
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