Euronext wheat fell modestly on Thursday after four straight gains, with the December 2026 contract up €13.25/t over the period. Chinese purchases of French and Argentine wheat were reported, while Black Sea shipping remains disrupted and Russia-Ukraine-US talks produced no ceasefire progress.
The German corn crop was estimated at 4.1 Mt, down 850 kt on last year.
Strong Chinese buying and Black Sea logistics disruption support wheat prices, and the smaller German corn crop adds to EU feed grain tightness.
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.