# SovEcon: Russian and global grain market news – October 31, 2025 - The Sizov Report blog

> December SRW wheat closed at $5.24/bu, down 1.5%, and corn and HRW wheat also fell on October 30. Treasury Secretary Bessent said China agreed to buy 25 million tonnes of US soybeans annually and pledged 12 million tonnes by January. The European Commission raised its 2025/26 EU soft wheat forecast to 133.4 million tonnes.

- Date: 2025-10-31 · published 2025-10-31T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/22457-sovecon-russian-and-global-grain-market-news-october-31-2025-the-sizov-report
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The China soybean commitment supports soybean and soymeal demand, while wheat and corn remain under pressure from ample supply. Feed buyers should expect soymeal values to firm on export demand.

## Read by commodity

- SOY: bullish ▲
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- blog.sizov.report: https://blog.sizov.report/sovecon-russian-and-global-grain-market-news-october-31-2025/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.