UK feed wheat May-25 futures rose £0.15/t to £174.60/t on 5 March 2025 while Paris rapeseed fell. Since mid-February old and new crop global wheat prices have generally trended lower on US tariff concerns and improved growing conditions.
Tariff uncertainty and better crop prospects weigh on wheat values, while a stronger euro pressures EU milling wheat and rapeseed prices for feed buyers.
After 375 past bearish trade events, WHEAT moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% over 20.
Not enough comparable past events yet for a historical read.
After 12 past bullish trade events, EURUSD moved a median +0.3% over 5 sessions (58% higher; middle half -0.6% to +0.9%), and +1.0% 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.