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Euronext wheat closed 0.3% higher at 190.25 euros per metric ton on Friday, tracking a slight gain in Chicago as traders awaited U.S.-China talks. Reports of Chinese inquiries for imported European and Argentine wheat circulated, but traders said actual buying was still needed.
A Russian 11.5% protein cargo was the cheapest offer at $248 per ton, with French, Ukrainian and Romanian wheat close behind.
Possible Chinese import demand could help EU exporters regain sales lost to Black Sea supply, but Russian offers at lower prices cap European wheat values.
energynews.oedigital.comEnergy NewsOct 24, 2025After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 23 past trade events, Euro (USD per EUR) moved a median -0.4% over 5 sessions (43% higher; middle half -0.9% to +0.7%), and +0.5% 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.
