# Commodities market update: unrest and high prices • De Molenaar

> De Molenaar reports that Middle East unrest and tight supply keep European commodity markets tense. Barley is trading near wheat prices with physical supply scarce, and corn remains expensive relative to barley and wheat. Soybean oil is supported by the Middle East situation and North American biodiesel policy, while European soybean meal supply is limited.

- Date: 2026-04-02 · published 2026-04-02T12:00:00.000Z
- Category: geopolitics · region Europe · magnitude low
- Page: https://feedsoft.ai/events/19834-commodities-market-update-unrest-and-high-prices-de-molenaar
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Tight barley and corn supplies and firm soybean oil keep European feed grain costs elevated, while limited meal supply supports protein prices for feed buyers.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- CORN: bullish ▲
- WHEAT: neutral
- BARLEY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-02-26 | [Ukraine and global agricultural markets two years later \| IFPRI](https://feedsoft.ai/events/8027-ukraine-and-global-agricultural-markets-two-years-later-ifpri.md) | -4.4% | -4.2% |
| WHEAT | 2022-02-25 | [Feed weekly outlook: Prices steady, but changes coming - AgCanada](https://feedsoft.ai/events/6314-feed-weekly-outlook-prices-steady-but-changes-coming-agcanada.md) | +9.4% | +23.7% |
| WHEAT | 2022-02-25 | [Canadian farmers face volatility as war in Ukraine creates swings in global market for grains, oilseeds \| Financial Post](https://feedsoft.ai/events/9677-canadian-farmers-face-volatility-as-war-in-ukraine-creates-swings-in-global.md) | +9.4% | +23.7% |
| WHEAT | 2025-12-03 | [Grain Market Report 3rd December - Irish Farmers' Association](https://feedsoft.ai/events/12533-grain-market-report-3rd-december-irish-farmers-association.md) | -1.5% | -1.4% |
| WHEAT | 2023-10-02 | [Wheat Market Outlook – October 2nd, 2023 \| Sask Wheat](https://feedsoft.ai/events/7140-wheat-market-outlook-october-2nd-2023-sask-wheat.md) | -3.9% | -1.2% |
| CORN | 2022-02-25 | [Farming News - Ag commodities trading sharply higher as Russia attacks Ukraine - ADM Wheat & OSR Market Update](https://feedsoft.ai/events/9674-farming-news-ag-commodities-trading-sharply-higher-as-russia-attacks-ukraine.md) | +6.6% | +10.3% |
| CORN | 2022-04-08 | [Food commodity prices hit unprecedented highs as Ukraine crisis festers](https://feedsoft.ai/events/4042-food-commodity-prices-hit-unprecedented-highs-as-ukraine-crisis-festers.md) | -0.7% | -6.4% |
| CORN | 2026-08-28 | [Corn and wheat prices jump to highest prices in more than three years](https://feedsoft.ai/events/12344-corn-and-wheat-prices-jump-to-highest-prices-in-more-than-three-years.md) | +0.6% | +2.8% |

## Sources

- demolenaar.nl: https://www.demolenaar.nl/en/raw-materials/commodities-market-update-unrest-and-high-prices/61312/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.