The global grain and oilseed market: French wheat became cheaper on Monday

On Monday, September 1, 2025, exchanges in Canada and the United States were closed in connection with the celebration of Labor Day. The French wheat market declined on Monday as the strengthening of the euro and the drop in prices for Russian wheat weakened export hopes. At the end of the trading day, September quotations for milling wheat on the Paris MATIF exchange fell to €187.00 per ton, December wheat futures decreased to €191.75 per ton (in dollar equivalent to $224.02). November corn quotations fell to €187.50 per ton (in dollar equivalent to $219.06), March corn quotations to €193.75 per ton. Russian export prices last week continued to decline amid more active supplies of the new harvest, while analysts again revised the estimate of August export shipments upward. The estimate of Russian wheat exports in August was increased by 0.3 million tons to 4.0 million tons, and in September, the volume of exports is expected to increase to 4.3-4.5 million tons, according to the ...