• The failure of peace negotiations between Iran and the United States, which took place late last week in Pakistan, as well as the announcement of the blockade of the Strait of Hormuz by the US Navy starting yesterday, contributed to the increase in oil prices.
European grain prices have only modestly followed this upward influence. They remain influenced by the firmness of the euro/dollar exchange rate, which has gradually recovered, reaching a high of 1,1770 on Tuesday morning.
For the first time yesterday, trading in bread wheat, corn and rapeseed contracts on the Euronext have been extended after 18:30 until 20:15 Paris time. Only futures contracts can be traded during this new additional time slot.
Overseas, on the Chicago Stock Exchange, the increase in oil prices, which yesterday recorded a return above the $100 per barrel threshold in London and New York, had a limited impact on grain prices.
Corn and soybeans fell slightly yesterday evening, in a market that adopted a wait-and-see attitude, but without much concern regarding the progress of planting in the US.
Thus, after the market closes, the report "Crop Progress" The USDA indicated an increase in US corn planting progress by 2 percentage points in the last week, reaching 5% completion, compared to the five-year average of 4% at this time.
Progress is even more pronounced in the case of soybeans, with 6% of sowing completed by Sunday, compared to the five-year average of 2% at this time.
Weekly crop rating published by USDA shows a -1 point drop to 34% good to excellent quality for the winter wheat crop nationwide in the US. A sharp -6 point drop is noted in Kansas, where only 32% of the wheat is considered good to excellent quality. Wheat in Texas and Oklahoma each lose an additional 2 points, reaching only 15% and 10% good to excellent quality, respectively.
Euronext quotes on 13.04.2026 (GMT+1)
Wheat (€/t)
| May 2026 | 195,75 | + 1,00 |
| September 2026 | 205,50 | + 2,25 |
| December 2026 | 213,25 | + 2,25 |
| March 2027 | 218,25 | + 2,25 |
| May 2027 | 221,75 | + 2,75 |
Maize (€/t)
| June 2026 | 205,00 | + 2,25 |
| August 2026 | 206,50 | + 2,25 |
| November 2026 | 203,25 | + 2,50 |
| March 2027 | 207,00 | + 2,00 |
| June 2027 | 208,75 | + 2,00 |
Rapeseed (€/t)
| May 2026 | 502,50 | + 2,75 |
| August 2026 | 497,25 | + 3,25 |
| November 2026 | 500,50 | + 3,00 |
| February 2027 | 500,00 | + 2,75 |
| May 2027 | 499,00 | + 2,50 |
Article written by Gabriela Dan, Editor-in-Chief Arta Albă
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