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Wheat prices on Chicago and Euronext fell to three-month lows, extending a decline to nine consecutive weeks and leaving prices nearly 25% below September highs. The report cited weak international demand, expectations of renewed Black Sea exports, lower Russian shipments, and uncertainty about Argentina’s crop; corn prices also fell amid the advancing harvest.
Weak demand and expectations of more Black Sea export availability weigh on wheat prices, while harvest progress adds pressure to corn. Doubts about Argentina’s crop provide a countervailing supply risk for wheat.
xmatrix.newsNov 7, 2026Not 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.
