France: Wheat and corn prices continue to fall, and there is no sign of a trend reversal
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게시됨 2023년 3월 1일
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On Monday, on the Paris Matif, but also overseas, we had to deal with declines. The price of wheat in Paris fell by EUR 2.25/t to EUR 277.5/t. In Chicago, the March contract fell to 696 cents a bushel - the lowest value since September 2021. The drop in prices is still due to supply pressure from Russia. In the US, precipitation in important growing areas is an additional factor. The fact that there were no major falls in Paris is due to the weak exchange rate of the euro; The European Central Bank set the reference rate at USD 1.0554, which is the lowest level in 2 months. Maize fell to €279.5/t on Matifa and fell to 639.75 cents a bushel (€237/t) on CBoT, a 3-month low. It is estimated that in Brazil about 20 ...