News

American and European wheat go in different directions on the exchanges

Soybean
Maize (Corn)
Wheat
United States
Published Feb 6, 2023

Tridge summary

On February 3, wheat quotes on stock exchanges in Europe and the US went in different directions. Wheat quotes in London and Paris increased by 0.26% to 0.53%, while in Chicago they fell. On February 3, the dollar fell against the euro (-1.05) and the pound (-1.39%). In Paris, March wheat contracts rose by 0.53%, in London by 0.26%, and in Chicago they fell by 0.66%. Quotes of corn in Chicago rose by 0.30%, while soybeans fell by 0.13%, KazakhZerno.kz writes.

Original content

On February 3, on the Chicago Stock Exchange (SWOT), wheat contracts fell from $7.61 to $7.56/bushel, or 0.66% ($277.75 per ton). Corn rose from $6.75 to $6.77/bushel, or 0.30% ($245.14 per ton). Soybeans fell from $15.34 to $15.32/bushel, or 0.13% ($563.16 per ton). In Europe, on February 3, at the LIFFE exchange in London, March wheat contracts increased from 229.25 to 229.85 pounds per ton, or by 0.26% ($278.12). In Paris, on the MATIF exchange, on February 3, March wheat contracts rose from 283 to 284.50 euros per ton, or 0.53% ($307.26). May wheat contracts increased from 281.25 to 282.75 euros per ton, or 0.53% ($305.37). In Paris, on the MATIF exchange, on February 3, March corn contracts rose from 275.75 to 278 euros per ton ($300.24). April rapeseed prices rose from 544.25 to 545.25 euros per ton ($588.87). On February 2, wheat quotes on stock exchanges in Europe and the US, after several days of following in one direction, diverged in different directions. Quotations of ...
Source: Kazakh-zerno
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