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Wheat Prices Rise Amid Fading Hopes for Black Sea Exports

Guavy AI Editorial Team Published September 23, 2026

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Wheat Corn

Euronext wheat prices rose on Monday due to the latest attacks in Russia's conflict with Ukraine, casting doubt on a resurgence of Black Sea exports.

The December wheat contract traded on Paris' Euronext closed up 0.9% at EUR243.75 ($279.63), recovering losses from the previous two sessions.

Chicago wheat prices also increased by about 2%, supported by rising corn prices and optimism around a US-China summit scheduled for this week.

The conflict has disrupted Black Sea exports, with Russian and Ukrainian shipborne exports virtually ceasing after attacks on ports and ships.

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