Grain prices rise in Moldova, but trend remains uncertain

The first week of March saw an increase in grain prices in Moldova, with wheat up by 0.15–0.20 lei/kg and corn by an average of 0.10 lei/kg. The price rise follows European market trends and port prices in the Black Sea region, but local operators say the main drivers are rising diesel costs and the strengthening of the U.S. dollar against the euro and Moldovan leu.

In the Giurgiulesti port area, feed wheat is purchased at 3.50 lei/kg, while food-grade wheat reaches 3.60 lei/kg. In northern and central Moldova, “demand prices” remain between 3.20–3.35 lei/kg. At the port of Constanta, flour-quality wheat (≥12% protein) averages €190/t, while feed wheat is around €185/t (DAF).

Despite positive price movements, market sentiment remains cautious. Many traders are uncertain whether the gains will hold, and a short-term return to a downward trend is possible. Large stocks of wheat remain in warehouses across the Black Sea region, which could weigh on prices if export flows do not accelerate or logistical costs remain high.

Corn prices in northern and central Moldova range from 3.30–3.45 lei/kg, reaching 3.70–3.75 lei/kg in the south. Notably, demand and prices for corn are currently higher than for food wheat, a rare occurrence in the Moldovan market.

Downward pressure on prices may come from increasing regional corn supply and geopolitical tensions in the Middle East. Bombings and difficult logistics in the Gulf region have reduced demand, limiting maritime shipments.

For Moldova, the situation has direct consequences. Between July 2025 and January 2026, Lebanon was one of the main buyers of Moldovan corn, with significant volumes also going to Cyprus, which has also become unstable. Shipments intended for these destinations may be redirected to other markets, particularly in the Mediterranean region, potentially leading to temporary oversupply and lower prices.

Tags: grain, prices, wheat, Moldova, corn