Paris rapeseed futures decreased sharply: Grain market daily

• UK feed wheat futures rose yesterday, supported by the global grain market. The May-26 contract closed at £170.05/t, up £1.05/t from Wednesday, while the new-crop (Nov-26) contract gained £0.90/t to settle at £172.80/t
• Chicago wheat futures and Paris milling wheat (May-26) both rose slightly by 0.3%. The price competitiveness of Paris wheat futures against those in the Black Sea region increased, partly due to attractive shipping costs from EU (LSEG)
• In its monthly update, the EU Commission increased the forecast for common wheat production and ending stocks in the EU for the 2025/26 season once again. However, in its initial production forecasts for the 2026/27 season, Expana projected EU soft wheat output at 128.3 Mt, which is 8.5 Mt lower than the 2025/26 figure of 136.8 Mt
• Paris rapeseed futures (May-26) fell for the fifth consecutive trading day, closing a nine-month low of €456.75/t yesterday, down €4.50/t on the day (1.0%). Winnipeg canola (May-26) also fell to a multi-month low, dropping by 1.3% at yesterday's close. The price of rapeseed has recently fallen significantly due to an increase in the supply of canola from Canada and Australia, as well as downward pressure from falling prices in the global oilseeds and crude oil

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