World: Cereals and oilseeds close with increases of up to 7% week-on-week, highlighting the rise in rapeseed that reaches €1,004/T

Published 2022년 4월 17일

Tridge summary

Rapeseed prices in the French market have surpassed 1,000 euros per tonne, leading a nearly 7% increase in cereals and oilseeds prices over the past week. Wheat, corn, and oatmeal also experienced price increases, with varying rates in the US and European markets. While wheat and corn prices rose in the US market, they fell slightly in the European market. Soybean prices also increased, reaching 567.5 euros for May and 564 euros for July.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Rapeseed, which has once again exceeded the barrier of 1,000 euros per tonne, has been the protagonist of a week in which cereals and oilseeds have risen by nearly 7% in relation to the data from seven days ago. RAPE Rapeseed closed this week in the French market with a rise of 13 euros to quote 1,004 euros for the quantities to be delivered in May, while the rise is 10.25 euros for those of August that go on to mark a price of 860, 25 euros. WHEAT Although a week-on-week rise of more than 5% can be seen, this cereal has experienced a different situation between Chicago and Euronext. In the case of the US market, the tons to be delivered in May gain 6.3 euros to 375 euros, the amounts to be delivered in May being the rise of those of July from 7.6 euros to 378. In contrast, in the Community market shows a drop of two euros to 401 euros for the tons that arrive at their destination in May while those of September drop 3.25 to settle at 366.75 euros. CORN Here the week has closed ...
Source: Castilla

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