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Grain prices came under further pressure amid ample crop prospects and expectations that Black Sea exports may become less disrupted; Matif wheat fell to its lowest level since mid-July. Russia’s IKAR lowered its wheat export forecast by 2.5 million tonnes to 39.5 million tonnes, while France resumed wheat shipments to Saudi Arabia for the first time since 2020.
European availability of several protein-rich feed ingredients remained limited, although soybean meal prices edged lower, and low water levels continued to raise transport costs.
Ample global grain supply prospects and potentially smoother Black Sea exports weigh on wheat and other grain prices, while Russia’s lower export forecast could provide some support. Scarce protein ingredients and costly transport may tighten feed availability in Europe, though the reported decline in soybean meal prices points to near-term bearish pressure on that ingredient.
melkveebedrijf.nlEsmee Groot RoessinkNov 6, 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.
