News

Wheat, corn and rapeseed became cheaper in France

Wheat
Maize (Corn)
Canola Seed & Rapeseed
France
Published Nov 25, 2022

Tridge summary

In Paris, mill wheat, corn and rapeseed became cheaper, but the price level of fodder wheat rose for the next deadline. There was no trading in the United States on Thursday, the overseas stock exchanges were closed due to Thanksgiving Day, therefore, less than usual, moderate investor activity could be seen on the European stock and commodity markets as well.

Original content

Overall, it was more likely to see minuses in European crop market trading. In Paris, the price of milled wheat decreased by 6 euros to 321.25 euros per ton for the next deadline in December. The daily maximum value was the price level of 327.5 euros, however, deals were also concluded at 320 euros. A total of 10,142 contracts were created for this deadline. The lack of total overseas investor interest mostly means below-normal interest not only in the commodity markets, but also in the stock and bond markets. On the Paris mill wheat market for the March 2023 deadline, the closing value was 4 euros minus, which was 315 euros/ton. Here, the value of daily deals ranged between 313.75 euros and 320 euros, and 16,321 contracts were created. Traders are already paying more attention to this expiration date. 7,113 deals were concluded for the May 2023 contract, here the exchange rate decreased by 2.75 euros to 314.5 euros/ton. The price level of corn for the next deadline of March 2023 ...
Source: AgroForum
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