USA: American wheat went down after the holiday

Published 2022년 12월 28일

Tridge summary

On December 27, 2022, the market saw varied trends in wheat prices across the US and Europe. American wheat prices fell, while British and French prices remained stable or increased. The dollar's performance against the euro and pound also influenced the price movements. Chicago witnessed a decline in wheat, an increase in corn, and a slight rise in soybeans, whereas in Paris, wheat, corn, and rapeseed contracts rose. A convergence in wheat quotes occurred on December 23, with increases ranging from 0.21% to 2.63% before the main holiday.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On December 27, wheat quotes in the US and Europe behaved quite differently. American wheat fell, British did not change, and French rose. On December 27, the dollar fell against the euro and rose against the pound. In Paris, March wheat contracts rose by 1.12%, in Chicago they fell by 0.26%, and in London in January they remained unchanged. In Chicago, corn quotes rose by 1.20%, and soybean quotes by 0.20%, KazakhZerno.kz writes. On December 27, at the Chicago Stock Exchange (SWOT), wheat contracts fell from $7.76 to $7.74/bushel, or by 0.26% ($284.36 per ton). Corn rose from $6.66 to $6.74/bushel, or by 1.20% ($264.27 per ton). Soybeans rose from $14.79 to $14.82 per bushel, or 0.20% ($544.78 per ton). In Europe, on December 27, at the LIFFE exchange in London, January wheat contracts remained unchanged at 236.50 pounds per ton ($283.8). In Paris, on December 27, on the MATIF exchange, March wheat contracts rose from 311.75 to 315.25 euros per ton, or by 1.12% ($337.32). May ...
Source: Kazakh-zerno

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