• The grain market was dominated by external factors – currency fluctuations, seasonal harvests and international demand. Despite the pressures, products such as canola managed to maintain a slightly upward trend.
On Friday, November 22, the European grain market registered general declines on the Euronext Exchange. The decline was amplified by the collapse of the euro, which hit a two-year low ($1,0333). While the Eurozone PMI economic indicators fell to 48,1 points (the lowest level in the last 10 months), the United States reported an increase to 55,3 points (the highest level in the last 18 months), favoring a stronger dollar .
In the wheat market, the dominance of exports from the Black Sea region continues to exert pressure on prices, in the context of the appearance of the harvest in the southern hemisphere. Corn continues to feel pressure from harvest, while canola adjusts after recent gains and amid lower vegetable oil prices.
The report FranceAgriMer indicates the following situation for agricultural works in France until November 18:
• Autumn wheat sowing: 90% done (78% last week, 87% last years average);
• Autumn barley sowing: 96% (89% last week, 93% last years average);
• Corn Harvest: 82% (71% last week, 96% historical average).
Quotations Euronext 25.11.2024/1/XNUMX (GMT+XNUMX)
Wheat (€/t)
| December 2024 | 214.25 | -4.75 |
| March 2025 | 225.25 | -5.75 |
| May 2025 | 229.50 | -5.50 |
| September 2025 | 220.50 | -4.75 |
| December 2025 | 226.25 | -4.50 |
Maize (€/t)
| March 2025 | 209.50 | -1.75 |
| June 2025 | 214.25 | -2.00 |
| August 2025 | 217.00 | -1.75 |
| November 2025 | 211.25 | -1.25 |
| March 2026 | 207.25 | -1.75 |
Rapeseed (€/t)
| February 2025 | 514.25 | + 5.50 |
| May 2025 | 509.25 | + 4.50 |
| August 2025 | 469.00 | + 0.25 |
| November 2025 | 465.25 | + 0.00 |
| February 2026 | 464.50 | -0.25 |
Article written by Gabriela Dan, Editor-in-Chief Arta Albă
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