Rise in America, decrease in Europe

Published 2020년 6월 22일

Tridge summary

Last week, the agricultural market experienced mixed results with wheat prices seeing the largest weekly drop by 3.9%, bringing the total to $ 176.87 per tonne. Meanwhile, corn prices increased by 1.2%, reaching $ 131.04 per tonne, and soybeans saw a slight increase of 0.6%, costing $ 321.83 per tonne. Canola prices also rose by 1%, to $ 208.95 per tonne. In contrast, rice prices fell by 24.4% due to anticipated record production in India, leading to lower prices. Oats and orange juice prices also decreased by 8.5% and 3.6%, respectively. Soybean oil and sugar prices increased by 3.7% and 1.3%, respectively. Coffee prices also saw a slight increase of 0.7%. In Paris, prices for milled wheat, feed wheat, and corn fell, while rapeseed prices rose.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Last week, a nearly four per cent drop in wheat was the biggest one-week decline in the past month. Wheat prices fell to $ 176.87 per tonne after the decline. The corn price per tonne rose $ 131.04 last week after rising 1.2 percent. Soybean investors also did well, resulting in a price level of 0.6 percent plus $ 321.83 per tonne. The $ 208.95 / tonne price level for canola also brought an increase of 1 percent to the market. Of the other major agricultural products, the movement of rice last week was interesting, with the course, which has been moving spectacularly up and down for several weeks, falling by 24.4 per cent this time. India’s rice production is likely to rise to record levels this year, it turned out this week, which could mean an extra supply that has topped previous price levels. Oats were down 8.5 percent and orange juice was down 3.6 percent. Soybean oil, on the other hand, became more expensive, with prices rising 3.7 percent and sugar 1.3 percent. The coffee ...
Source: AgroForum

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.