Global market with prices between stable and bullish for coarse grains

게시됨 2024년 3월 12일

Tridge 요약

The article provides an overview of the current market prices for various crops such as wheat, corn, soybeans, sunflower, and sorghum, highlighting the influence of global availability, export market competition, and weather conditions on these prices. It notes mixed results in the Chicago market, with wheat and corn closing unevenly due to diverse factors. Meanwhile, adverse weather conditions in Brazil have resulted in soybeans closing in positive territory.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Regarding quotes, the offer for wheat with contractual delivery was found at $170,000/t, while $140,000/t was the open price offered for corn and for available unloading. Regarding oilseeds, the offer for soybeans was $235,000/t for the merchandise with immediate, contractual delivery and for fixings. Finally, for available sunflower we had proposals of $240,000/t, while sorghum was found at $150,000/t for the same segment. In the Chicago market, Chicago futures ended in mixed territory. Wheat ended the day with disparity in its futures. The wide global availability of cereals and tough competition in export markets put pressure on quotes, while the reduction in grain production in Ukraine added to the excessively humid weather in France supported the rest of the positions. For its part, corn also closed unevenly with ...

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