EU Wheat's Rally Collapsed on One Sentence About Peace

EU wheat exports are drawing new buyers as Black Sea supply risk reprices, and a single peace headline reversed the week's rally. Bertrand Oesterle, StoneX VP of Clearing & Execution Sales, walks through what changed in the wheat market this week and why the whole grain complex moved with it. Egypt, Sudan, Libya and Nigeria have turned to European origin, shifting focus to France, Germany, Poland, Romania and the Baltic states. Inside Europe, failed grazing has pushed cattle and dairy farmers toward bought-in rations, putting European feed demand in competition with export cargoes. The India monsoon is running below the long-term average, while Australian crop estimates have improved. Discover Actionable Insights with StoneX Market Intelligence: https://shop.stonex.com/collections/all?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_bertrand_oesterle&utm_content=share 00:00 - Wheat Highs Meet a Reversal 00:36 - Putin Headline Flips Paris 03:13 - Buyers Abandon Black Sea Grain 04:58 - Morocco and Asia Switch Origin 05:37 - Europe's Feed Barn Runs Empty 06:58 - Paris Longs and the Cat Flap 07:48 - India Monsoon Comes Up Short 09:03 - Australia's Crop Outlook Lifts Like and subscribe for more financial market insights. #StoneX #BertrandOesterle #Wheat #Agriculture