
Euronext Wheat Climbs to Three-Week High Driven by Saudi Tender and Black Sea Security Concerns
On October 5, 2026, Euronext December milling wheat reached a three-week high of €245.25 per metric ton. The rally was driven by Saudi Arabia's purchase of 683,000 metric tons of wheat for November-December delivery, a weaker euro at $1.12 boosting EU export competitiveness, and persistent shipping risks in the Black Sea linked to drone activity.
















