Global grain and sunflower traders without corn buyers dropped the stock market

Published 2022년 3월 26일

Tridge summary

The article provides an overview of the current situation in the agricultural market, highlighting the ongoing impact of the Russian invasion of Ukraine on market dynamics. It notes a mixed trend in the prices of key commodities such as wheat, corn, barley, rapeseed, sunflower, and unrefined sunflower oil, with some experiencing increases while others remain stable. The war has led to a disruption in quotations from Ukraine, causing extreme volatility and nervousness in the markets. Additionally, the article covers the stable prices of basic goods and the trade in energy and industrial goods in the region.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In mid-March, some of the quotations on the stock markets gave signals for calming down, but the trend is still firmly upwards. Traders continue to struggle with supply disruptions due to the Russian invasion of Ukraine, and prices are extremely volatile and markets are nervous. In all the contracts we are monitoring, quotations from Ukraine are, of course, missing - the war is not conducive to trade. Wheat in the United States this week rose only $ 1 to $ 461 per tonne, wheat in France rose 13 euros to 398 euros per tonne, and prices from Ukraine are not. Russian wheat delivered in March again remained unchanged at 427 USD / t. However, the price of corn in the United States fell by $ 8 to $ 365 / ton. Barley in France, also delivered in March, rose by 18 euros to 393 euros per tonne. However, rapeseed and sunflower have risen sharply since the beginning of the war in Ukraine and reached record price levels - rapeseed jumped another 49.50 euros on Euronext to 978 euros / ton, ...

Source: Sinor