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Wheat and corn lost between 8 and 10 euros week on week in international markets, with Spanish port prices and Chicago and Paris futures also lower. Investment funds sold positions, and Chicago December wheat fell about 4% over the week, while Chicago December soymeal dropped 4%.
The analyst linked the decline to harvest progress, weather, and a pause in attacks on grain ships in the Black Sea that allowed Russian grain to move via alternative routes.
Easing Black Sea shipping risk and fund liquidation add downward pressure on wheat and corn, which lowers feed grain costs for buyers. Soymeal's decline also points to cheaper protein inputs.
argenfields.comRedacción ArgenFieldsNov 1, 2026Not 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.
