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flag Black Sea wheat prices stabilized in early October 2025, amid slow exports and rising demand.

flag Black Sea wheat prices stabilized in early October 2025, holding $8–10 below summer highs but $10 above spring lows, according to Argus AgriMarkets. flag US wheat prices also stabilized or slightly rose after earlier declines. flag Despite ample global supply, Black Sea exports remain slow due to conflict and political barriers, while US exports have increased. flag Importers, previously waiting for lower prices, are now more active. flag Global wheat and corn stocks-to-use ratios are expected to tighten by late 2025 and early 2026, with Argentina and Australia poised to boost output by 3–5 million tonnes. flag Australian production faces challenges from dry weather and quality variability. flag Traded prices on platforms like Clear Grain Exchange are significantly higher than advertised bids, reflecting increased direct negotiation between buyers and sellers.

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