Euronext wheat closed November 2 at €228.25/t for December and maize at €256.25/t for November, with maize down €2.50. Oil fell sharply on Middle East de-escalation hopes, which Argus Media said pulled other commodities lower.
Southern Hemisphere wheat supplies returning to the international market also eased wheat prices.
Lower energy costs and a firmer euro weigh on grain values, while new Southern Hemisphere wheat supply further limits upside, supporting cheaper feed ingredient costs for buyers.
Not 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.
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.