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    Stock Market

    Dow futures down 100 points ahead of Trump tariffs; Shell Q2 profit hit

    July 7, 20251 Min Read


    Jul 7, 2025 11:44 AM IST

    US Stock Market Live: Indonesia Pledges To Buy More US Wheat

    Indonesia, the world’s second-biggest wheat buyer, plans to purchase more wheat from the US as it seeks to secure a trade deal ahead of the looming tariff deadline.

    The Southeast Asian nation will sign a memorandum of understanding for wheat purchases during 2025-2030 with the US in Jakarta on Monday, Franciscus Welirang, the chairman of the Indonesian Flour Mills Association — known as Aptindo — said in a phone interview.

    Indonesia may buy at least 800,000 tons of wheat from the US this year, up from 740,000 tons in 2024, and a minimum of 1 million tons annually from 2026, he said. The US last sold more than 1 million tons of wheat to Indonesia in 2020, when it shipped about 1.2 million tons, USDA figures show.



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