Grain prices saw a significant increase on global stock exchanges on Monday, with wheat, canola, and corn all experiencing double-digit gains. The rise in wheat prices is largely due to adverse weather conditions in Europe, including rainfall deficits in key countries. The future of the grain deal, particularly without Russia's participation, remains uncertain. Australia's grain production is expected to decrease drastically in the 2023/2024 season, with a predicted 13 million tonnes drop. Meanwhile, rapeseed prices are on a upward trend in Europe, despite some regions experiencing dry weather, and sunflower seed production is projected to reach a record high. Conversely, soybean harvest expectations have seen a decrease. Corn prices also saw an increase of EUR 10/t, reaching EUR 200/t on Matifa.