Grain Markets Look Asleep but Wheat Is Quietly Rerouting

Grain and oilseed markets are trading sideways as traders wait on the Black Sea war, the Trump and Xi summit and USDA quarterly stocks data. Bertrand Oesterle, StoneX VP of Clearing & Execution Sales, explains why futures are holding steady while physical grain flows keep shifting. Russia is moving wheat by rail to the Arctic port of Murmansk, and a third of Ukraine's winter wheat area is in moisture deficit. Egypt is switching wheat origins to France, Bulgaria and Romania, and China's Sinograin is auctioning old soybean stocks. Dryness is also slowing rapeseed planting in parts of France. 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 - Grain Markets Stuck in Neutral 01:45 - Black Sea Talks Meet Drone War 03:04 - Russia Ships Wheat to Murmansk 05:34 - Egypt Turns West for Its Wheat 06:28 - Trump Xi Summit Tests Soybeans 08:52 - U.S. Soy Harvest Runs Ahead 09:58 - Dry Soil Slows French Rapeseed 11:33 - EU Maize Buying Exposes France Like and subscribe for more financial market insights. #Wheat #StoneX #BertrandOesterle #Soybeans --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social