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Euronext wheat and corn rose midday on Monday after the European Commission cut its wheat production estimate by 540 kt to 123.7 Mt and corn by 1.3 Mt to 47 Mt. Ending stocks were lowered, with wheat stocks at 10.6 Mt and corn stocks at a ten-year low of 13.5 Mt.
A tighter EU balance sheet supports European wheat and corn prices, though hopes of Russia-Ukraine de-escalation and Russian export increases limit the rally.
terre-net.frMarius GarrigueNov 2, 2026After 769 past bullish report events, WHEAT moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
After 1,040 past bullish report events, CORN moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% 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.
