French wheat, barley, and corn prices showed mixed trends between October 1st and 2nd, 2026, according to reports from various market analyses. Weather conditions in South America and Australia are under close observation, with drier conditions in the Midwest expected to support the advancement of the harvest and limit new delays. In contrast, excessive rainfall affects the south of Brazil and Paraguay, while Argentina experiences near-normal rainfall and cooler temperatures, which are favorable for crops. Australia faces a risk of drier conditions in the southeast and southwest during the end of the crop cycle, with Rabobank noting that September rains supported winter cereals in the south but drought persists in Queensland and northern New South Wales. Wheat prices on the Chicago Mercantile Exchange (CBOT) rose slightly on the first contracts, except for the March contract, with the December 2026 contract gaining 0.25 cents per bushel to 683 cents per bushel. On Euronext, wheat prices crossed above 240 euros per ton, with the December 2026 contract reaching 241.50 euros per ton and the March 2027 contract at 243.50 euros per ton. The rise in wheat prices is supported by the risk premium linked to export difficulties in the Black Sea, with Estonia banning the transit of Russian grain through its territory. Germany, however, is ready to support alternative routes for the export of grain, while Romania and Poland are not ready to significantly increase the transit of Ukrainian grain. Corn prices on the CBOT continued their decline, with the December 2026 contract losing 4.5 cents per bushel to 497.75 cents per bushel. On Euronext, corn prices rebounded for the second consecutive session, with the November 2026 contract gaining 2.50 euros per ton to 269 euros per ton. Corn prices in Europe are influenced by concerns regarding European availability and the disappointing harvest. In France, 67 percent of the corn was harvested as of September 28th, with the remaining corn benefiting from stable growing conditions. Egypt could reduce its wheat imports by 23 percent, with domestic production expected to reach a record 10 million tons in 2026/27. This would allow Egypt to reduce its wheat imports to 12 million tons, the lowest level since 2022/23. In contrast, South African wheat production is expected to fall to 1.81 million tons, a 5 percent decline from the previous year. Ukrainian sorghum prices remain relatively firm despite the simultaneous start of sorghum and corn harvests. The physical market remains marked by a significant gap between producers' expectations and exporters' offers, with exporters positioning around 220 to 230 dollars per ton CPT, while farmers seek more than 250 dollars per ton. The European Union remains the main market for Ukrainian sorghum, with freight costs currently making Ukrainian origin less competitive towards Asia and the Middle East. The U.S. employment report, which showed only 29,000 jobs created in September against 84,000 expected, led to a weaker dollar and a rise in the euro to 1.1253 against the dollar. The U.S. unemployment rate also rose to 4.2 percent. This morning at 6:50 (Paris time), the dollar rebounded against the euro, which was exchanged at 1.1178 dollars. The next WASDE report from the USDA is scheduled for Friday, October 9th, which operators will closely follow. The decline in corn prices followed the trend of oil prices, with the price of Brent crude delivery in November falling slightly to 102.61 dollars per barrel and the American WTI crude delivery in November losing 2.53 percent to 91.22 dollars per barrel. The American preference for de-escalation is noted, but the public stance of Donald Trump makes it difficult to construct a clean exit from the conflict, even though Iran has declared that there is no military solution.