# Global wheat price commentary: US, European futures advance for first time in six sessions - Fastmarkets

> US and European wheat futures rose for the first time in six sessions on June 27 after steep weekly declines. Chicago SRW July gained 6 cents to $5.27 per bushel and Euronext September added EUR 0.75 to EUR 196 per tonne. South Korean millers also bought 85,000 tonnes of US wheat, and China and the US confirmed a trade agreement.

- Date: 2025-06-30 · published 2025-06-30T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/24254-global-wheat-price-commentary-us-european-futures-advance-for-first-time-in-six
- Commodities: [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Buying from Korea and the US-China trade deal support export demand for US wheat, which may limit further downside after a sharp selloff. Feed buyers should expect wheat to stay supported relative to recent lows.

## Read by commodity

- WHEAT: bullish ▲
- KWHEAT: bullish ▲

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/global-wheat-price-commentary-us-european-futures-advance-for-first-time-in-six-sessions/

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