Loading…
Euronext wheat futures were lower at midday as traders weighed upcoming Russia-Ukraine-US negotiations aimed at de-escalating the conflict and restoring grain transport through the Black Sea. French port activity and U.S. export sales were increasing, while Argentina’s wheat harvest was behind last year’s pace; European corn futures edged higher.
The prospect of restored Black Sea grain flows could increase exportable supply and weigh on wheat prices, though stronger demand for French and U.S. origins offers some support. Argentina’s delayed harvest is a potential counterweight to that bearish pressure.
terre-net.frMarius GarrigueNov 6, 2026After 80 past bearish geopolitics events, Wheat (SRW) moved a median -0.4% over 5 sessions (44% higher; middle half -1.4% to +1.9%), and -0.5% over 20.
After 323 past bullish geopolitics events, Corn moved a median +0.5% over 5 sessions (57% higher; middle half -1.5% to +2.9%), and +0.9% over 20.
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.
