Wheat prices found some support this week on firmer international demand, with China buying two cargoes of French wheat. Ukraine-Russia talks in Abu Dhabi produced no concrete result and attacks on port and crushing infrastructure intensified.
Rouen wheat ended the week at 226 €/t, though it lost ground.
Chinese purchases of French wheat support export demand, while renewed attacks on Black Sea-linked ports add a risk premium. Together they point to firmer wheat prices, although the market remains mixed.
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.
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.