| Paris | Chicago | |
|---|---|---|
| Wheat | Unch to + 1 €/t | + 2 cents |
| Corn | Unch | + 1 cent |
| Rapeseed | Unch to + 1 €/t | |
| Soybean | - 2 cents |
| €/$ | 1,1665 $ |
| Oil WTI | 66,98 $/b |
| Wheat (€/t) | |||
|---|---|---|---|
| Sept. 25 | 200,25 | +3,00 | |
| Déc. 25 | 209,25 | +1,50 | |
| Mars 26 | 216,50 | +1,00 | |
| Mai 26 | 220,50 | +1,00 | |
| Sept. 26 | 225,00 | +1,00 | |
| Corn (€/t) | |||
|---|---|---|---|
| Août 25 | 205,75 | -0,75 | |
| Nov. 25 | 199,75 | +1,00 | |
| Mars 26 | 205,50 | +0,75 | |
| Juin 26 | 208,00 | -0,25 | |
| Août 26 | 217,25 | +1,00 | |
| Rapeseed (€/t) | |||
|---|---|---|---|
| Août 25 | 476,25 | +10,50 | |
| Nov. 25 | 485,00 | +7,50 | |
| Févr. 26 | 491,25 | +7,25 | |
| Mai 26 | 494,00 | +7,00 | |
| Août 26 | 474,25 | +6,50 | |
15/07/2025
| Wheat (€/t) : 2865 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 1262 | Call Sept. 25 | 200,00 | |
| 1250 | Call Sept. 25 | 230,00 | |
| 4 | Call Déc. 25 | 209,00 | |
| 100 | Call Déc. 25 | 219,00 | |
| 5 | Call Déc. 25 | 220,00 | |
| 3 | Call Mars 26 | 216,00 | |
| 5 | Call Mars 26 | 230,00 | |
| 4 | Call Mars 26 | 240,00 | |
| 200 | Put Déc. 25 | 200,00 | |
| 6 | Put Déc. 25 | 208,00 | |
| 8 | Put Déc. 25 | 220,00 | |
| 4 | Put Mars 26 | 190,00 | |
| 5 | Put Mars 26 | 195,00 | |
| 5 | Put Mars 26 | 215,00 | |
| 4 | Put Mars 26 | 216,00 | |
| Corn (€/t) : 15 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 5 | Call Mars 26 | 220,00 | |
| 5 | Put Mars 26 | 190,00 | |
| 5 | Put Mars 26 | 205,00 | |
| Rapeseed (€/t) : 1404 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 200 | Call Nov. 25 | 510,00 | |
| 2 | Call Févr. 26 | 510,00 | |
| 2 | Call Mai 26 | 490,00 | |
| 200 | Call Mai 26 | 500,00 | |
| 300 | Call Mai 26 | 520,00 | |
| 200 | Put Nov. 25 | 465,00 | |
| 200 | Put Nov. 25 | 480,00 | |
| 100 | Put Févr. 26 | 460,00 | |
| 200 | Put Mai 26 | 460,00 | |
| Wheat (¢/b) | |||
|---|---|---|---|
| Sept. 25 | 541,5000 | -3,0000 | |
| Déc. 25 | 562,2500 | -2,7500 | |
| Mars 26 | 580,5000 | -3,2500 | |
| Mai 26 | 591,2500 | -2,7500 | |
| Juil. 26 | 598,7500 | -2,2500 | |
| Corn (¢/b) | |||
|---|---|---|---|
| Sept. 25 | 400,0000 | +0,7500 | |
| Déc. 25 | 418,0000 | +1,2500 | |
| Mars 26 | 434,7500 | +1,2500 | |
| Mai 26 | 445,0000 | +1,2500 | |
| Juil. 26 | 451,7500 | +1,0000 | |
| Soybean (¢/b) | |||
|---|---|---|---|
| Août 25 | 1001,0000 | -6,0000 | |
| Sept. 25 | 993,2500 | -5,2500 | |
| Nov. 25 | 1007,0000 | -4,5000 | |
| Janv. 26 | 1024,0000 | -4,2500 | |
| Mars 26 | 1038,0000 | -3,7500 | |
| Soy meal ($/st) | |||
|---|---|---|---|
| Août 25 | 267,7000 | -2,0000 | |
| Sept. 25 | 271,8000 | -2,0000 | |
| Oct. 25 | 275,4000 | -1,8000 | |
| Déc. 25 | 281,7000 | -1,8000 | |
| Janv. 26 | 285,4000 | -1,8000 | |
| Soy oil (¢/lb) | |||
|---|---|---|---|
| Août 25 | 54,1700 | +0,3700 | |
| Sept. 25 | 53,9900 | +0,3800 | |
| Oct. 25 | 53,8600 | +0,3800 | |
| Déc. 25 | 54,0000 | +0,3600 | |
| Janv. 26 | 54,1600 | +0,3200 | |
15/07/2025
| Physical (€/t) | |||
|---|---|---|---|
You can now find the prices for the Wheat delivered Rouen - (July basis) in the Argus AgriMarkets report FIND OUT MORE HERE >> | |||
| Durum wheat delivered La Pallice Spot - July 2025 basis | 270,00 | +0,00 | |
| Corn delivered Bordeaux Spot - July 2024 basis | 187,00 | -7,00 | |
| Corn FOB Rhin Spot - July 2024 basis | 193,00 | +0,00 | |
| Feed barley delivered Rouen - July 2025 basis | 185,00 | -6,00 | |
| Malting barley FOB Creil Spot - July 2025 basis | 217,00 | +0,00 | |
| Rapessed FOB Moselle Spot - Flat - 2025 harvest | 466,00 | +3,00 | |
| Oleic sunseed delivered St Nazaire Spot - Flat - 2024 harvest | 550,00 | +0,00 | |
| Feed peas FOB Creil Spot - August 2024 basis | 270,00 | +0,00 | |
Events
European market
Despite the national holiday in France, trading activity remained strong yesterday on the Euronext milling wheat contract, with 101,399 lots exchanged. Rapeseed and corn saw lower activity compared to last week, with 17,795 and 2,950 lots traded respectively on Monday, July 14.
The euro-dollar exchange rate stayed below 1.1700, as the European Union faced a threat of 30 % tariffs from the United States over the weekend. This weakening of the currency was not enough to support grain prices, as wheat and corn closed lower yesterday on Euronext. Only rapeseed stood out, rising by 2.75 €/t to close at 465.75 €/t for the August 2025 contract, once again holding its key support level of 460 €/t.
In the fields, harvesting progressed significantly in France north of the Seine, while it is wrapping up south of the Loire. The light rainfall that crossed France between Saturday and Sunday was limited and did little to relieve spring crops in the driest areas.
The end of last week was marked by the release of the USDA’s July monthly report, showing the following changes in global stocks for 2025/26:
-
Wheat: 261.5 Mt vs. 262.8 Mt last month
-
Corn: 272.08 Mt vs. 275.24 Mt last month
-
Soybeans: 126.1 Mt vs. 125.3 Mt last month
American market
Prices on the Chicago market confirmed an overall bearish sentiment prevailing for some time now. Wheat has been declining since Friday. It is retesting its major support level of 5.40 $/bu for the September 2025 contract.
Corn also ended last week lower. After opening yesterday with a downward gap and hitting a new low of 3.9125 $/bu, the September 2025 corn contract managed to recover to the symbolic 4.00 $/bu at close, thanks to a technical rebound linked to the expiry of the July 2025 contract. August 2025 soybeans continue their decline and are now testing the 10 $/bu level for the first time in over three months.
Weather conditions remain favorable for corn, soybean, and spring wheat crops in the United States. The USDA released the following crop condition ratings last night:
- Corn: 74 % rated “good to excellent,” unchanged from last week and compared to 68 % at the same time last year
- Soybeans: 70 % “good to excellent,” up 4 points from last week and compared to 68 % last year
- Spring wheat: 54 % “good to excellent,” up 4 points from last week and compared to 77 % last year
The USDA’s July monthly report released Friday evening showed the following 2025/2026 ending stocks in the United States:
- Wheat: 24.23 Mt vs. 24.45 Mt expected last month and 23.15 Mt for 2024/25
- Corn: 42.17 Mt vs. 44.46 Mt expected last month and 34.04 Mt for 2024/25
- Soybeans: 8.44 Mt vs. 8.03 Mt expected last month and 9.53 Mt for 2024/25
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.
