Argentina: Local grain market with rising prices for coarse grains

The proposed price for wheat with delivery in November 2023 was US$ 235/t. As for corn, the best offer of the day for the available segment was US$190/t, with the March position reaching US$185/t. Finally, soybeans presented increases in their proposed values and reached $90,000/t for merchandise fixings. In the Chicago market, futures settled mostly higher. Wheat contracts rose sharply during the day on the back of market concerns about the situation in the Black Sea, after Russia attacked the port of Odessa for the second night in a row. As for corn, the cereal culminated in positive terrain supported by technical purchases, added to ...