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Euronext (Matif) grain and oilseed futures fell sharply on 4 November 2026, with wheat at its lowest since July and corn and rapeseed at August lows. The selloff followed the US election results and a steep drop in energy markets.
Prices also fell on expectations that Black Sea shipping could resume after planned Russia-Ukraine talks in Abu Dhabi on 10-11 November.
A stronger euro and zloty weakens EU grain competitiveness against Black Sea and US supply, and hopes of reopened Black Sea corridors add bearish pressure on wheat and corn. For feed buyers, EU wheat and corn are likely to stay cheap in the near term, but a failed Black Sea reopening could reverse the move.
agroprofil.plAndrzej BąkNov 4, 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.
