
On Euronext/MATIF, December milling wheat settled at €224.00/t on 4 November, down €1.25, its lowest settlement since mid-July. Corn and rapeseed also fell, with rapeseed losing over €10/t in one session, amid a stronger euro and lower oil prices.
A stronger euro reduces the competitiveness of EU wheat in dollar terms, and falling energy prices weaken biofuel-linked oilseed demand, pressuring European grain and rapeseed prices.
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.