Euronext wheat fell about 2 euros per tonne on November 4, with the December 2026 contract at 223.25 euros per tonne. Maize also declined, with Chicago prices at their lowest since mid-August as US harvest pressure and South American competition weighed on the market.
Expectations of Russia-Ukraine talks and early Southern Hemisphere harvests add to bearish pressure on wheat and maize prices in Europe. Lower prices reflect easing supply risk from the Black Sea.
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.