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Algeria bought more wheat than it had intended, while Black Sea shipping remains disrupted by the security situation and Abu Dhabi peace talks have made little progress. EU wheat exports are reported at 10 million mt, 2% above last year, with French exporters gaining from Russian and Ukrainian shipping problems.
Stalled Black Sea logistics and extra Algerian buying tighten wheat and corn availability outside the region, which supports European wheat and corn prices. High Chinese soybean meal stocks and a record rapeseed crop weigh on oilseed meal prices.
mundus-agri.euMundus AgriNov 13, 2026After 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.
