USDA – Grain: World Markets and Trade, Jul 2025
Summary
The main theme of the report is the analysis of global grain markets, focusing on wheat trade.
Key findings include North Africa's shift towards importing wheat from the Black Sea region, particularly from Russia and Ukraine, amidst a more than 10 percent decline in global wheat trade in 2024/25. Russia has become the dominant supplier in the region, while Ukraine has also increased its market share. The European Union has lost significant market share due to reduced export supplies.
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