European wheat market: French wheat prices rise slightly, but export competition is fierce

Published Dec 8, 2025

Tridge summary

Core tip: According to foreign media on December 7, last week, spot prices for French wheat continued to rebound, boosted by heightened geopolitical risks in the Black Sea region and Algeria's procurement of wheat. However, the outlook for ample global supply and record wheat production in the Southern Hemisphere continue to intensify competition in the export market, limiting the potential for further wheat price increases.

Original content

As of Thursday (December 4), the delivery price for top-grade French wheat at the port of Rouen was $229 per ton, up $1 from a week earlier. The price range over the past 52 weeks was $224 to $252 per ton. Second-grade wheat from Argentina's Upper River was priced at $208 per ton, unchanged from a week earlier; U.S. hard red winter wheat was reported at $250 per ton, up $5; U.S. soft red winter wheat was reported at $241 per ton, up $4. Looking at futures market trends, on Friday (December 5), the most active March wheat futures on the Euronext exchange closed at 189.25 euros per ton, up 1.25 euros or 0.66% from a week earlier. Over the past week, Chicago wheat fell 0.51%. Over the past week, market focus centered on geopolitical tensions in the Black Sea region. Following Ukraine's continued drone attacks on Russian oil tankers, Russian President Putin threatened to cut off Ukraine's maritime access, raising concerns about potential disruptions to Black Sea grain exports. ...

Source: Foodmate