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September Euronext wheat fell to new contract lows near 195.50 euros per tonne as the euro rallied to a 3.5-year high against the dollar. Chicago wheat also declined for a fourth day, and the IGC raised its 2025/26 global and EU wheat forecasts on a Romanian upgrade.
A stronger euro makes EU wheat more expensive for buyers in dollar terms, and a higher IGC crop outlook reinforces bearish supply expectations for wheat prices.
tradingview.comJun 26, 2025Not 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.
