Euronext wheat and corn prices rose at midday, with December wheat gaining €2 per tonne to €228.75 and March corn up €0.75 to €250.50. French wheat demand from Asia and Egypt has strengthened as Russian and Ukrainian exporters struggle to meet global demand; corn also gained ahead of an expected USDA production revision and amid a slower-than-average US harvest.
Stronger export demand for French wheat amid constrained Black Sea supplies supports wheat prices. Expectations of lower US corn production and lagging harvest progress also support corn prices.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% 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.