Grain prices are benefiting from the moment.

In brief: • European prices are rising without losing competitiveness • Exports from Ukraine are slowing down The decline of the euro against the US dollar continues to support European grain prices. At the beginning of the week, the euro/dollar exchange rate fell to 1.15, or the lowest level in over three months. Prices are benefiting from this trend, rising without losing export competitiveness, particularly against Black Sea origins. Thus, the December wheat contract in Paris is trading at its highest level since early September. In turn, the rise in wheat prices is also leading to an increase in corn prices. Driven by the prospect of increased exports to China, soybean prices in Chicago rose sharply yesterday. The January 2026 contract continued its upward trend, closing at its highest level since July 2024. Funds are reinforcing this upward movement, using the momentum from last week. The upward impulse in soybean prices has also supported corn, where export activity remains ...