{"id":75798,"date":"2026-02-11T23:45:59","date_gmt":"2026-02-11T20:45:59","guid":{"rendered":"https:\/\/www.al-sindbad.net\/european-wheat-prices-edge-up-as-the-euro-falls-rise-in-chicago\/75798\/"},"modified":"2026-02-11T23:45:59","modified_gmt":"2026-02-11T20:45:59","slug":"european-wheat-prices-edge-up-as-the-euro-falls-rise-in-chicago","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/european-wheat-prices-edge-up-as-the-euro-falls-rise-in-chicago\/75798\/","title":{"rendered":"European Wheat Prices Edge Up as the Euro Falls, Rise in Chicago"},"content":{"rendered":"

<\/p>\n

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European wheat edged higher on Wednesday, mainly supported by a fall of the euro against the dollar, making it more competitive on world markets, and a rise in Chicago.<\/p>\n

Front-month March milling wheat on Paris-based Euronext, settled at 190.50 euros ($226.54) a metric ton, up 0.5% on the previous day.<\/p>\n

The most traded wheat contract on the Chicago Board of Trade was up 1% at $5.28-1\/4.<\/p>\n

European wheat reacted to comments by a grain analyst at farm office FranceAgriMer who said port lineups had shown a cargo of about 5,000 tons of wheat and 13,000 tons of barley heading to Algeria.<\/p>\n

Traders said they were not aware of the wheat loading for Algeria and were surprised given diplomatic tensions between Paris and Algiers.<\/p>\n

FranceAgriMer later said the information came from a third party’s report.\u00a0<\/p>\n

“Prices jumped a bit initially on the (Algeria) news,” a Euronext trader said, adding that the euro gave the market a boost.<\/p>\n

On the supply and demand side, FranceAgriMer cut its forecast for French soft wheat exports outside the European Union<\/a> in 2025\/26 by 300,000 metric tons to 7.20 million as competition from Argentine wheat continued to weigh.<\/p>\n

This was only partly compensated by a small rise in expected shipments within the bloc to 7.56 million tons from 7.51 million previously.<\/p>\n

Traders noted continued strong demand for wheat from big importer Egypt.<\/p>\n

Several Egyptian purchase inquiries for 12.5% protein wheat were seen for February shipment with prices for Black Sea origins sought at about $251-$253 a ton cost and freight included (c&f), one German trader said.\u00a0<\/p>\n

There was market talk of Egyptian purchases of both Russian and Romanian 12.5% protein wheat in past days at just over $250 a ton c&f.<\/p>\n

“Egyptian purchase interest is visible for 11.5% protein wheat for February\/March shipment with French and Russian wheat quoted about the same levels,” he said.<\/p>\n

Russian and French 11.5% protein wheat were both quoted around $249 a ton c&f Egypt for February shipment depending on euro and Euronext moves, he said. Ukrainian was slightly cheaper at about $248 with Romanian about $251.<\/p>\n

Traders were also hoping that warmer weather in Germany would thaw frozen canals in coming days, after disruption to inland waterways grain\u00a0shipping\u00a0<\/span>in past weeks. \u00a0 \u00a0<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

Prices at 1740 GMT<\/p>\n<\/td>\n\n\n<\/tr>\n

\n

Last<\/p>\n<\/td>\n

\n

Change<\/p>\n<\/td>\n

\n

Pct Move<\/p>\n<\/td>\n<\/tr>\n

\n

Paris wheat <\/p>\n<\/td>\n

\n

190.25<\/p>\n<\/td>\n

\n

0.75<\/p>\n<\/td>\n

\n

0.40<\/p>\n<\/td>\n<\/tr>\n

\n

Paris maize <\/p>\n<\/td>\n

\n

189.75<\/p>\n<\/td>\n

\n

0.75<\/p>\n<\/td>\n

\n

0.40<\/p>\n<\/td>\n<\/tr>\n

\n

Paris rapeseed <\/p>\n<\/td>\n

\n

486.75<\/p>\n<\/td>\n

\n

-1.00<\/p>\n<\/td>\n

\n

-0.21<\/p>\n<\/td>\n<\/tr>\n

\n

CBOT wheat <\/p>\n<\/td>\n

\n

533.75<\/p>\n<\/td>\n

\n

5.50<\/p>\n<\/td>\n

\n

1.04<\/p>\n<\/td>\n<\/tr>\n

\n

CBOT corn <\/p>\n<\/td>\n

\n

426.00<\/p>\n<\/td>\n

\n

-2.75<\/p>\n<\/td>\n

\n

-0.64<\/p>\n<\/td>\n<\/tr>\n

\n

CBOT soy <\/p>\n<\/td>\n

\n

1123.00<\/p>\n<\/td>\n

\n

0.50<\/p>\n<\/td>\n

\n

0.04<\/p>\n<\/td>\n<\/tr>\n

\n

Euro\/dlr <\/p>\n<\/td>\n

\n

1.19<\/p>\n<\/td>\n

\n

0.00<\/p>\n<\/td>\n

\n

-0.04<\/p>\n<\/td>\n<\/tr>\n

\n

Most active contracts – Wheat, corn and soy US<\/p>\n

\u00a0 cents\/bushel, Paris futures in euros per tonne<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

(Reuters)<\/p>\n<\/p><\/div>\n

maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"

European wheat edged higher on Wednesday, mainly supported by a fall of the euro against the dollar, making it more competitive on world markets, and a rise in Chicago. Front-month March milling wheat on Paris-based Euronext, settled at 190.50 euros ($226.54) a metric ton, up 0.5% on the previous day. The most traded wheat contract …<\/p>\n","protected":false},"author":1,"featured_media":75799,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-75798","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/75798","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=75798"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/75798\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/75799"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=75798"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=75798"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=75798"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}