The Hightower Report said, “The wheat market was the weak link today with talk of a Russia/Ukraine ceasefire deal possible in the coming days but that has not stopped each side from attacking infrastructure.” According to the USDA ag attaché to Mexico, corn imports for the 2025/26 season are expected to decline, while wheat imports are projected to rise. The increase in wheat imports is attributed to a forecasted drop in production due to low dam levels in key growing regions. Additionally, rising wheat consumption is expected to further drive the demand for imports. The Ukrainian agriculture ministry has announced that the country has planted spring grains on 18% more acreage than last year, covering 250,400 hectares. Specifically spring wheat planting is forecast to increase by 27% year on year.