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Irish Farmers' Association grain report lists Irish feed wheat at 215-220 euros per tonne and feed barley at 210, with Paris MATIF wheat near 192 euros. Russia threatened to attack Ukrainian vessels and Black Sea port infrastructure, lifting prices briefly.
Strong southern hemisphere production, good northern hemisphere 2026 prospects and a weaker US dollar weigh on global prices.
Black Sea shipping threats offer short-term support, but abundant southern hemisphere supply and a weaker dollar keep European feed grain and rapeseed prices under pressure.
ifa.ieDec 3, 2025After 38 past neutral geopolitics events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.6% to +1.5%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
After 20 past neutral geopolitics events, Soybeans moved a median -0.6% over 5 sessions (45% higher; middle half -2.2% to +1.5%), and +0.9% over 20.
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.
