News

Cereal prices fall on world markets

Published Nov 20, 2022

Tridge summary

The geopolitical environment is often a major component in the price movement of major grain contracts on global stock markets. After it became clear that the agreement on the export of grain from Ukraine was still working and Russia would not end its participation in it, this "preservation" of export opportunities, as well as a good harvest, calmed the quotations of the stock exchanges in Europe and overseas, and the prices fell is everywhere, report the experts of the Sofia Stock Exchange (SSE), BTA reported.

Original content

A week ago, US wheat prices went down and the decline was significant, now there is a slight movement of $1 to $362 per ton. In France, the trend is also down - by 13 euros to 323 euros per ton. In Ukraine with delivery to Hungary and in Russia there was no change again and wheat prices remained at 290 dollars per ton and 310 dollars per ton respectively. Corn prices continue to fall. In the USA, its price is minus 13 dollars to 326 dollars per ton, and France follows with a drop of 23 euros to 320 euros/ton. In Russia, after the price stagnation, the change is 20 dollars down to 270 dollars per ton. The price of barley in France decreased by another 15 euros to 288 euros per ton, and in Russia barley fell by 13 dollars to 272 dollars per ton. Rapeseed on the Euronext exchange became the record holder, losing 37.50 euros to levels of 599.50 euros/ton. The price of crude sunflower oil on the Rotterdam Stock Exchange for December delivery reversed the trend by minus $70 to ...
Source: Dnes
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