European market
Prices showed an increase at the end of the week, helped by the temporary decline at the end of the day of the euro/dollar parity below the level of 1.1600, i.e. its lowest level since the end of November. This situation, reinforced by a firmness of the US prices, provided support to the prices on Euronext. The prices of wheat, like corn on Euronext, rose above €190/t on the front contracts. The rapeseed price gap between the February 2026 contract, which closes at the end of the month and May 2026, is also gradually narrowing.
This morning, the euro is back above 1.1620 against the dollar. The announcements of the weekend between the US president and the European representatives are likely to animate the week in the face of new American declarations on possible new customs taxes.
During this winter period, the observed and announced drops in temperatures in Europe and in particular in the Eastern zone will obviously be to be monitored. Nevertheless, a snow cover is well in place to protect the autumn crops in place.
American market
Grain prices in Chicago fell at the end of the week. The March 2026 corn contract closed the week just above $4.20/bu, close to its lows of the week. In wheat, the situation is similar. The March 2026 contract, however, managed to close the week above $5.10/bu.
The beginning of the week will be marked by a reduced activity, because of the Martin Luther King Jr. public holiday. Operators nevertheless remain attentive to the sharp drop in temperatures in the United States.
In oilseeds, the rebound movement observed in Chicago was interrupted at the end of the week on the soybean oil market. The prices of the March 2026 contract, after having recorded a new high in session since last September 17, finally closed down below c$53/lb. Regarding the soybeans, prices still rose slightly, returning to the levels equivalent to the previous day's high. The March 2026 contract closed above $10.57/bu, erasing part of the bearish movement at the beginning of the week.
Black Sea market
Click here to request full access to the AgriMarkets report to find out more about the Black Sea region, and follow price trends in Russia on a daily basis.
