Wheat, rapeseed, and corn are on the rise, especially in the United States; while soybeans fall

게시됨 2024년 4월 7일

Tridge 요약

This week's agricultural commodity market showed mixed results across various crops. Wheat prices saw an increase in Chicago to 192.14 euros per ton but experienced a slight decrease in Paris to 203 euros per ton, mainly due to weather concerns in the Northern Hemisphere, poor conditions of French wheat, and ongoing tensions in the Black Sea region. Corn prices varied, with a decrease observed in Europe but an increase in the United States, despite favorable crop conditions and strong competition from Brazil and Argentina. Meanwhile, rapeseed prices continued to rise in Paris but fell in the United States, reflecting low global demand and positive harvest forecasts in South America. Oats prices in the Chicago market declined, highlighting a week of diverse outcomes for agricultural commodities.

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원본 콘텐츠

Wheat Wheat is experiencing a double situation this week. In Chicago, contracts closed for May registered an increase of 5.72 euros per ton to reach 192.14 euros per ton, while on the Paris Stock Exchange Euronext registered a slight decrease for agreements signed for that same date that lost 0.5 euros up to 203 euros per ton. As already mentioned, this cereal has closed the week, in the reference market of the United States, clearly on the rise to the point of reaching the highest price recorded in the last month. The causes of this situation can be linked to the weather situation in the Northern Hemisphere with doubts about it, as well as the poor conditions of French wheat, without forgetting the growing tension in the Black Sea that makes investors cautious when buying there. in the event of possible delays in deliveries. Following the line of the wheat the corn moves. Decreases in Europe with the tons delivered in June losing 3 euros to 190.25 euros while in the United States ...

출처: Agromeat