Wheat (Paris Milling) Prices

15-04-2026 - Over the past month, the price of Wheat (Paris Milling) has fallen from €210.5/t to €195.75/t, indicating a downward trend in the raw material market. This decline suggests potential changes in supply or demand dynamics. The forecast for Wheat (Paris Milling) predicts a slight increase to €196.75/t, a 0.5% rise from the current price of €195.75/t, reflecting a generally stable trend with minimal risk, as the price change is only €1.0/t.

The current forecast presents mixed signals: 'Demand' and 'Flows' data suggest upward price pressure on raw materials, primarily influenced by exchange rates with a €0.75/t impact. Conversely, 'Supply' and 'Technical' data indicate downward pressure, resulting in overall uncertainty regarding price direction.

Recent analyses suggest a cautiously bullish outlook for the Euronext wheat market over the next month, consistent with the forecasted price increase to €196.75/t. A report from Commodity Board Europe, dated April 2, 2026, notes that CBOT wheat futures have risen by just over 1% across the 2026–2027 curve, while Euronext milling wheat remains stable. This stability is attributed to weather-related risks in the U.S. Plains and a tightening U.S. wheat acreage profile, which are providing modest support to prices. However, ample global supply and strong competition in FOB markets are currently limiting significant upward movement.

This analysis supports the forecasted price increase, indicating that while there are factors exerting upward pressure on wheat prices, global supply conditions may moderate the extent of the rise.