• The grain market on Euronext remained extremely volatile, a trend confirmed at the end of last week.
Wheat for delivery in May 2025, after falling by almost €8/t during the week, attempted a slight recovery. However, downward pressure in Chicago limited the recovery and the contract closed at €221,75/t, a modest advance of +€1,25/t.
Corn, which had shown signs of stabilizing midweek, finally gave way to the negative influence of the Chicago market. The June 2025 contract lost €2/t, closing at €217,25/t.
Rapeseed was hit hard, with the May 2025 contract falling by €5,25/t to €532,75/t. Its negative performance is correlated with the decline in Canadian canola, exposed to possible additional tariffs in the US.
Internationally, Tunisia purchased only 25.000 tons of bread wheat, while South Korea bought 65.000 tons of feed wheat.
American market trends
The massive sell-off continued on Friday on the Chicago Board of Trade, with all product categories recording significant losses. Wheat and corn acreage growth for 2025, according to USDA report, intensified sales pressure.
Concerns persist over the Trump administration's imposition of new tariffs on Mexico and Canada, along with a 10% increase in tariffs on Chinese products. In this context, markets fear possible retaliation: Mexico could stop purchasing American corn and China could stop importing US soybeans.
The market remains in an adjustment phase, influenced by external factors and political uncertainties, and its short-term evolution will depend on the direction of major agricultural exchanges and global trade decisions.
Quotations Euronext 03.03.2025/1/XNUMX (GMT+XNUMX)
Wheat (€/t)
| March 2025 | 217.50 | -4.25 |
| May 2025 | 225.50 | -3.50 |
| September 2025 | 227.00 | -3.25 |
| December 2025 | 233.25 | -3.50 |
| March 2026 | 237.75 | -3.25 |
Maize (€/t)
| March 2025 | 194.50 | -26.25 |
| June 2025 | 214.25 | -3.00 |
| August 2025 | 220.00 | -2.50 |
| November 2025 | 216.00 | -2.25 |
| March 2026 | 224.00 | + 3.00 |
Rapeseed (€/t)
| May 2025 | 527.25 | -5.50 |
| August 2025 | 498.50 | + 0.00 |
| November 2025 | 500.50 | + 0.75 |
| February 2026 | 501.50 | + 1.25 |
| May 2026 | 499.75 | + 0.00 |
Article written by Gabriela Dan, Editor-in-Chief Arta Albă
Read on White Art and: Sorrento electric oven from Cimav for Neapolitan pizza
