Tridge summary
The text provides an overview of the futures market for wheat, corn, and rapeseed, highlighting the fluctuations in prices and exports from Ukraine and Russia. It also mentions trade agreements between Russia and China, as well as Romania and Bulgaria's efforts to improve access for Ukrainian ships. Overall, there have been decreases in wheat exports and prices, while corn and rapeseed prices have remained relatively stable.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
On the futures market for wheat for delivery in December 2023, quotations decreased by EUR 2.50/ton - from EUR 234.75/ton at the beginning of the month to EUR 232.25/ton at the end. We ask you: Is an annual report to the NSI necessary for receiving subsidies? The average futures price of wheat for the month of December is EUR 236.06/ton, the Ministry of Agriculture and Food stated in its monthly overview of the international grain and oilseed markets. In the European futures market for delivery in November 2023, corn started at €204.75/ton. At the end of the considered period, it reached 201.75 euros/ton, and the quotations decreased by 3.00 points. The average futures price for the month of November is EUR 203.25/ton. For rapeseed, the average futures price for the month of November 2023 is 412.25 euros/ton, for February 2024 – 439.63 euros/ton, and for the month of May 2024 – 448.63 euros/ton. Competition from Russian and Ukrainian exports remains a dominant factor, especially ...
Source: Agri
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