# EU wheat stuck near contract lows - Markets - Business Recorder

> Euronext wheat edged down to near contract lows as Russian export competition and improved global supply prospects weighed on the market. Russia's deputy prime minister said the country will export 44.5 million tonnes in the 2024-25 season, and Sovecon raised its 2025-26 Russian export forecast.

- Date: 2025-05-31 · published 2025-05-31T12:00:00.000Z
- Category: market · region Black Sea · magnitude low
- Page: https://feedsoft.ai/events/24705-eu-wheat-stuck-near-contract-lows-markets-business-recorder
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Stronger Russian export competition and a large incoming EU crop point to continued pressure on wheat prices, especially for buyers sourcing feed wheat in Europe.

## Read by commodity

- WHEAT: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40365656

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