CRMAgri - Daily Markets - Rapeseed hits six-week high, lifted by buoyant vegoils

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Grains stage recovery after early dive on Iran-US deal

Grains stage recovery after early dive on Iran-US deal

• Iran-US ceasefire deal sends Brent crude to three-month low
• Grains initially pulled lower too, to multi-month lows
• However, signs of technical support help foster recovery
• Funds have already sold down grains at record pace

Analysis of June USDA WASDE

Analysis of June USDA WASDE

Wheat prices ease, as enhanced hopes for Black Sea crops offsets a further dent to US expectations

Wheat prices extend recovery, as Iran-US tensions, El Nino stoke jitters

Wheat prices extend recovery, as Iran-US tensions, El Nino stoke jitters

• Brent crude gains on signs of reviving Iran-US tensions
• Adds to support for grains from pre-Wasde positioning
• Japan declares El Nino has begun
• Wheat prices rise on both sides of the Atlantic

Fall in US wheat rating to record low lifts prices in Chicago and Europe

Fall in US wheat rating to record low lifts prices in Chicago and Europe

• US winter wheat crop rating deteriorates to record low
• US corn, soybean crop rating short of expectations too
• Europe faces return of hot weather, with mixed crop impacts
• Wheat prices rise in Chicago, London and Paris

Latest Analysis & Forecasts

Weekly Grains Outlook - 'Let the oil flow'

Weekly Oilseeds Outlook

Global Crop Watch - Brazil's safrinha harvest weighs on corn market

Ukraine 2026/27 crop estimates

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