UK May 2027 feed wheat futures fell 1.9% last week to £198.75 per tonne, while Paris wheat, Chicago wheat and Chicago maize futures also declined. Improving global supply prospects, US harvest progress, lower crude oil prices and hopes for Russia–Ukraine peace talks weighed on markets, partly offset by continued Black Sea export disruption and a new US wheat and sorghum sales agreement with Chinese buyers.
Better supply expectations and the prospect of resumed Black Sea shipments put downward pressure on grain prices, while export disruption and Chinese buying offer some support.
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.