Skip to content
Back to Guavy Wire
Commodities

EU Wheat Prices Drop Amid Ongoing Ukraine War Tensions

Instruments
Wheat
Share

The European Union's wheat market has seen prices drop from contract highs as investors wait to see if diplomatic efforts can end Russia's war with Ukraine.

December wheat on Euronext was down 1 percent at €246.25 (USD286.22) a metric ton, moving away from the life-of-contract high of €259.25 set on Wednesday.

The market is cautious due to recent attacks in the Black Sea area, which have tempered hopes for de-escalation.

US envoys are reportedly planning to visit Russia and Ukraine this weekend for peace negotiations, but attacks continue, including a Russian drone hitting the Ukrainian SBU security service headquarters in Kyiv.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc