A very volatile week for cereal quotes on world exchanges

During this week, the geopolitical factor was a major component in the price movement of the main grain contracts on the global stock markets. After Russia threatened to end its participation in the Grain Corridor agreement, the last day of October brought a price explosion on exchanges in Europe and overseas. Prices calmed after it became clear that Russia is not closing the corridor, but simply withdrawing from the "grain deal". However, US wheat prices rose $15 to $399/ton, France jumped €10.00 to €353/ton, and Ukraine for delivery to Hungary was up $10.00 to $290.00 USD/ton However, the Russian price decreased by 13 dollars to 310 USD/ton, the Sofia Stock Exchange commented. After the price of US corn was on the rise until a week ago, there was now a return down to the levels of a fortnight ago - minus $8 to $357/t. In France, after some stagnation, there is now a sharp upward movement again with plus EUR 14 to EUR 353/t, in Russia, however, again minus $6.00 to USD 290.00/t. ...