Core Insights - The strong wheat futures contract remains unchanged at 3050.00 yuan as of the latest report [1] Market Insights - As of August 31, the EU's soft wheat export volume for the 2025/26 season is 2.57 million tons, a decrease of 44% compared to the same period last year [2] - Ukraine's largest agricultural producer alliance, UAC, reports that the country has nearly completed its 2025 wheat harvest, with August wheat exports rising to 1.89 million tons and September exports expected to reach at least 1.7 million tons. The total wheat exports in July were 732,800 tons [2] - Sovecon, a grain consulting company, has raised its forecast for Russia's 2025-2026 wheat exports from 43.3 million tons to 43.7 million tons due to improved crop prospects [2] - The USDA's weekly crop progress report indicates that as of August 31, the U.S. spring wheat harvest rate is at 67%, below the market expectation of 70% [2] - The USDA data shows that as of the week ending August 28, the U.S. wheat export inspection volume was 802,780 tons, revised from the previous week's 1,020,254 tons. The cumulative wheat export inspection volume for the current crop year is 6.64 million tons, compared to 5.80 million tons in the same period last year [2]