• Escalating tensions in the Middle East are being felt in commodity trading markets.
Despite the fact that the Americans are trying to escort ships through the Strait of Hormuz to restart maritime traffic in the area, reality reveals a major point of tension, which is not without consequences for the energy markets. Oil is again approaching $ 105 / barrel and dragging some of the oil prices with it. This situation is propelling rapeseed on Euronext to new highs, with an August maturity closing at € 527,50 / t.
Also under pressure, corn on the Euronext manages, in turn, to trade at its highest levels in recent times, at €225,25/t for the June contract, directly influenced by low availability in Europe, combined with uncertainties regarding the areas in the next campaign.
Finally, regarding wheat, recent rainfall is partly reassuring French producers. Although the rains have been uneven, weather forecasts predict more generous rainfall in the coming days, an element that will be closely watched by the entire market.
Euronext quotes on 04.05.2026 (GMT+1)
Wheat (€/t)
| May 2026 | 191,00 | -0,50 |
| September 2026 | 213,50 | + 0,25 |
| December 2026 | 222,50 | + 0,25 |
| March 2027 | 227,75 | + 0,25 |
| May 2027 | 230,75 | + 0,75 |
Maize (€/t)
| June 2026 | 225,25 | + 2,00 |
| August 2026 | 226,50 | + 2,25 |
| November 2026 | 213,75 | -0,75 |
| March 2027 | 217,00 | -0,50 |
| June 2027 | 218,50 | + 1,00 |
Rapeseed (€/t)
| August 2026 | 528,00 | + 7,00 |
| November 2026 | 529,50 | + 6,50 |
| February 2027 | 528,50 | + 6,25 |
| May 2027 | 525,75 | + 6,00 |
| August 2027 | 490,25 | + 6,00 |
Article written by Gabriela Dan, Editor-in-Chief Arta Albă
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