Wheat (Paris Milling) Prices

09-12-2025 - Over the past month, the price of Wheat (Paris Milling) has seen a slight decrease, falling from €192.0 per tonne to €189.25 per tonne. This modest decline suggests adjustments in the market, possibly due to shifts in supply and demand dynamics. The forecast predicts a further drop to €186.0 per tonne, a 1.7% decrease from the current price, indicating a general downward trend. This trend is accompanied by potential market volatility that could impact raw material prices.

The forecast highlights a downward pressure on raw material prices, primarily driven by supply factors, with a total impact of -€2.75 per tonne. Key contributors to this pressure include inventories (-€1.25 per tonne) and production activity (-€0.75 per tonne), with no upward pressure observed across data types.

Recent analyses support the forecast of declining Euronext wheat prices over the next month, aligning with the predicted €186.0 per tonne. For example, a report from the Farmers Journal on October 1, 2025, noted that European wheat prices hit a new low for the December 2025 contract, closing at €186.25 per tonne. This downward trend is attributed to increased global supply, with the European Commission raising its soft wheat production forecast for 2025/26 to 132.6 million tonnes, marking a 10-year high. Additionally, expectations of strong harvests in Argentina and Australia are contributing to the pressure on European grain prices. This analysis corroborates the forecasted decrease in Euronext wheat prices.