China has canceled the purchase of 132,000 tonnes of U.S. wheat scheduled for delivery in the 2025/26 marketing year. U.S. private exporters officially notified the U.S. Department of Agriculture (USDA) of the cancellation. The sale had been originally reported on November 20.
Information on the contract cancellation will be included in the USDA Weekly Export Sales Report, which is scheduled for publication on Monday, December 29, 2025, ProAgro Group reports.
Under USDA rules, all grain export transactions involving volumes of 100,000 tonnes or more, concluded on the same day and to the same destination, must be officially reported. The canceled wheat shipment to China falls under this reporting requirement.
Analysts link China’s decision to a sharp decline in global wheat prices. Futures for soft red winter wheat on the Chicago Board of Trade recently fell to their lowest level since August 2020, reaching around $5.28 per bushel, before partially rebounding.
Experts note that China, as one of the world’s largest grain importers, is highly sensitive to price movements and actively seeks more cost-effective alternatives. Canceling previously signed contracts allows Chinese buyers to avoid purchasing wheat at higher prices agreed earlier, when market levels were stronger.
As reported earlier, Ukraine increased exports of all types of agricultural products in November.
Source: American Ag Network
