Markets
  • Corn$4.74/bu-0.8%
  • Soybeans$12.61/bu-0.2%
  • Soybean meal$356.70/US ton-0.9%
  • Soybean oil$0.6710/lb-0.1%
  • SRW wheat$6.60/bu-1.5%
  • HRW wheat$7.04/bu-1.3%
  • Live cattle$228.45/cwt+0.5%
  • Feeder cattle$342.07/cwt+0.0%
  • Lean hogs$66.88/cwt+0.5%
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Commodity Markets

Black Sea Drone Strikes on Cargo Vessels Drive European Corn Above €300/t and Lift Wheat Prices

Drone attacks on merchant ships in the Black Sea this week, including strikes that sank at least one vessel off Bulgaria and Romania, have disrupted key grain export corridors and pushed Euronext front-month corn above €300/t for the first time, with wheat futures also firming. The incidents compound an already tight European grain balance marked by sharply reduced French corn output and historically low projected ending stocks for 2026/27.

3 min read
Commodity Markets

Rhine Wheat Prices Hold Sideways as Corn and Rapeseed Drive Feed Complex in Q4 2026

Wheat prices in the Rhine region are moving largely sideways heading into Q4 2026 and early 2027, with bread wheat quoted at 240 EUR/t for October–December and only a modest 4–5 EUR/t carry into Q1 2027. Corn and rapeseed are sending stronger price signals, with EU corn commanding a clear premium over feed wheat and rapeseed posting the steepest forward curve in the complex, drawing feed-sector attention away from wheat.

3 min read