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ASEGRAIN director Iván Álvarez said Spanish domestic cereal prices were broadly stable in a busy week, while Euronext futures in Paris rose. Wheat at the ports gained 6 to 8 euros on a weaker euro against the dollar and no confirmed Russia-Ukraine shipping deal.
A weaker euro and stalled Black Sea shipping talks support European wheat values, which pressures feed wheat costs for buyers in Europe. The moves are routine weekly commentary, so the impact is moderate.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.