US farm markets were closed on Monday in observance of the Federal President’s Day holiday.
Euronext wheat and corn drifted in U.S. holiday lull, while May rapeseed ended down 1.2%.
Brent crude rose over 1%, while WTI did not settle because of the public holiday.
The Baltic dry index logged best day in 2 months, up 2.6%.
Global shares inched up, with the MSCI All-World index rising 0.2%, helped by modest gains in Europe, where the STOXX 600 rose 0.1%, as gains in mining shares offset a decline in the tech sector.
The dollar nudged lower against a basket of major currencies, but was noticeably down against so-called commodity currencies, including the Australian dollar, which rose 0.5% and the Canadian dollar, which gained 0.1%.
Notably, MATIF wheat Mar contract was down €0.5/t to €294.5/t;
ASX wheat March contract, was unchanged to A$394/t;
1CWAD (Canadian durum) avg reg was up C$0.07/t to C$455.63/t;
EDW (EU durum) March contract was down €0.75/t to €420/t;
MATIF corn Mar contract was down €0.25/t to €294.75/t;
Winnipeg canola Mar contract, was unchanged to C$828.4/t;
MATIF rapeseed May contract was down €7/t to €557.5/t;
Brent crude Apr was up US$1.07 per barrel to $84.07;
BDI Baltic Dry Index was up 14 points to 552;
AUD/USD firmer at US$0.6905;
USD/CAD weaker at $1.3451;
EUR/USD weaker at $1.0682;
USD/RUB firmer at ₽74.7800.
