14:51 - 8.04.2026
April 8, Fineko/abc.az. Since the beginning of the war between the U.S. and Israel against Iran, an increase in grain prices has been insignificant, since the parties to the conflict are not major exporters, ABC.AZ informs, quoting Damien Vercambre, the broker of French company Inter-Courtage .
Favorable weather on both sides of the Atlantic keeps prices low. Since the beginning of the war, the prices of wheat and corn have followed oil, but slowly; the price of rapeseed fluctuates in the rhythm of statements by U.S. President Donald Trump.
Sellers are cautious, and buyers are waiting for the crisis to be resolved. Market participants are monitoring the increase in fertilizer prices due to the blocking of the Strait of Hormuz, through which a third of the world's fertilizer turnover passes. This may affect crops, encouraging farmers to prefer less nitrogen-demanding crops such as soybeans and rapeseed.
In France, the state of crops remains favorable: 84% of wheat, 81% of winter barley and 94% of spring barley are in good or excellent condition.
5 June 2026
5 June 2026