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French wheat exports rose as vessels loaded cargoes at Dunkirk for Egypt and Yemen, lifting nearby Euronext futures. The December milling wheat contract rose 0.1% to €228.25/ton on November 2, a third straight daily gain after a 3.5-month low.
Russian and Ukrainian supplies rose at the same time, with Russian 12.5% protein wheat offered via Baltic ports at $258–261/ton FOB.
Cheaper Russian and Ukrainian wheat offers cap European price gains even with Black Sea shipping disruptions. For feed buyers, the competing supply keeps wheat as an affordable feed grain alternative and limits upside in Euronext prices.
agriinsite.comUkr Agro ConsultNov 4, 2026
ukragroconsult.comNov 3, 2026ukragroconsult.comNov 3, 2026After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% 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.
