World: Warming weather appears to have lulled grain quotes on the stock exchange

Published 2023년 6월 9일

Tridge summary

The article reports on the recent fluctuations in global grain, oil, and sugar markets. It notes a decrease in wheat prices in Ukraine and Russia, while US and French bread wheat prices remained stable or increased. Corn and barley prices varied across these countries, and rapeseed and crude sunflower oil prices rose. Refined sugar prices fell slightly in London. In Bulgaria, the prices for grain, foodstuffs, and industrial goods remained stable or increased slightly, with energy carriers continuing to be traded.

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Original content

During the past week, the movement in the quotations of the main grain contracts on the global commodity exchange markets was once again controversial. Ukraine quoted wheat down $2 to $245 per ton, and Russia down $5 to $240/t. In the US, bread wheat FOB prices remained unchanged, those in France rose by €5 to €234 per tonne. Corn in the USA rose by 8 dollars to 273 USD/ton, France quoted with plus 16 euros/ton. to €229.50/t, but in Russia the price fell $26 to $224/t. The price of barley in Russia remained unchanged at USD 240/t, while the price in France rose by EUR 10 to EUR 222/t. Rapeseed on Euronext Paris jumped 34.25 euros to 431.75 euros/t. The price of crude sunflower oil on the Rotterdam Stock Exchange broke the downward trend and is up $30 this week to $880/t. Refined sugar for August delivery maintained its downward trend, albeit by just $1.30 to $688.80/t. on the London Stock Exchange. In the "Grain" subdivision of "Sofia Stock Exchange" JSC, the quotations are ...

Source: Sinor