Tridge summary
On March 17, the US and European stock exchanges saw a divergence in wheat prices, with US wheat prices rising by over 1.5% while European wheat prices fell. This occurred during a day when the dollar also strengthened against the euro and pound. Additionally, corn prices in Chicago rose by 0.32%, while soybean prices fell by 1.01%. In Paris, wheat, corn, and rapeseed prices also experienced fluctuations, with wheat and corn prices decreasing slightly and rapeseed prices increasing slightly.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
On March 17, wheat quotes on the stock exchanges in the US and Europe again diverged in different directions. If on March 16 they moved down together, then on March 17 the quotes of European wheat fell, while American wheat, on the contrary, rose, exceeding one and a half percent in growth. On March 17, the dollar rose against the euro and against the pound. In Paris, May wheat contracts fell by 1.12%, in London by 1.18%, and in Chicago they rose by 1.57%. Corn quotes in Chicago rose by 0.32%, while soybean quotes fell by 1.01%, KazakhZerno.kz writes. On March 17, on the Chicago Stock Exchange (SWOT), wheat contracts rose from $6.99 to $7.10/bushel, or by 1.57% ($260.85 per ton). Corn increased from $6.32 to $6.34/bushel, or 0.32% ($248.59 per ton). Soybeans fell from $14.91 to $14.76 per bushel, or by 1.01% ($542.58 per ton). In Europe, on March 17, at the LIFFE exchange in London, March wheat contracts fell from 212 to 209.50 pounds per ton, or by 1.18% ($255.21). In Paris, on ...
Source: Kazakh-zerno
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