
European and U.S. grain markets ended the week mixed ahead of the November 10 USDA report and planned talks involving Ukraine, Russia, and the United States. Euronext December wheat rebounded by €2.50 per tonne after falling below €220, while March corn rose €1.25 to €247.25; February rapeseed fell €3.25 to €522.75 per tonne.
Short-covering and a weaker euro supported European wheat and corn, with the currency move potentially improving export competitiveness. The gains may be temporary, while the USDA report could reset expectations for crop supply.
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.