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Commodities

French Wheat Prices Rise as Demand Increases Amid Global Market Instability

Guavy AI Editorial Team
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Wheat Corn
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French wheat prices rose in Paris on September 7, driven by increased demand. The December milling wheat futures contract gained 1.1% to €249.25/t ($289.5/t) on Euronext. This increase occurred despite the absence of trading activity in Chicago.

The March wheat futures contract closed at €247.50/t (approximately $287.5/t), while corn prices in Paris remained relatively stable, with November and March contracts trading at €268/t and €263.25/t respectively.

Sunflower oil, on the other hand, saw a slight decline, with December futures on SAFEX falling 0.29% to ZAR 10,316/t. Sunflower oil was quoted at $1,410/t FOB Rotterdam on September 7.

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