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StoneX's Bertrand Oesterle said recent US tariff deals with the EU, South Korea and Japan are reshaping grain export flows, and farmers in Bulgaria and Romania are holding back wheat. Delays in Russian exports and heavy northern European rains add uncertainty, while French wheat quality is high.
Farmer selling retention and Russian export delays tighten near-term European wheat availability, supporting prices. Strong corn and soy markets could limit wheat rallies.
stonex.comGlobal AuthorJul 31, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
