EU wheat returns above €190/t amid signs of fund rethink

• Funds cut net short in Paris wheat to one-year low
• France cuts soft wheat export forecast, but announces small sale to Algeria
• Profit-taking depresses rapeseed, despite crude oil price gains

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Wheat, buoyed by short-closing, bucks share, oil market selldowns

• Grain markets buoyed by report of China, US talks on extended trace truce
• Wheat futures jump to highest in nearly three months, supported by short-closing
• Crude oil slides on upgraded IEA forecast for 2026 supply surplus

Daily Markets

Wasde highlights - Export revisions favour Argentine wheat, US corn

The January USDA wasde, planted area and stocks report is always a key date in the calendar for grain markets, 2026 was no different.

Daily Markets

Markets anticipate February USDA WASDE data release

• Brent crude gains on warning for US ships to steer clear of Iran
• Rapeseed supported too by strength in soyoil market, backed by US-India deal
• Wheat sags in positioning ahead of Tuesday’s USDA Wasde report

Daily Markets

Black Sea freeze spurs further headway in grain prices

• Commodities retreat overall, led by 12.5% slump in silver
• Grains supported by fears of Black Sea crop damage from extreme cold, funds buying noted
• Rapeseed aims at six-month closing high, buoyed by soybeans and technical support