Tridge summary
In the oilseed market, there was a mixed trend over the week: a rise was observed in the middle of the week, but by the close of trading on Friday, there was a decline. The reduction in optimism regarding trade between the U.S. and China, as well as the resumption of activity in the Russian oil market and work on a potential peace agreement, put pressure on the oilseed market.
At this time of year, market participants traditionally pay special attention to weather risks for winter crops in the Northern Hemisphere, reports oilworld.ru.
The volatility of the euro against the U.S. dollar remains an important factor influencing Paris futures, due to the intense competition between major wheat exporters and producers from the EU. Last week, the weakening of the euro limited the drop in wheat prices on Paris futures.
According to the EC.
All prices
At this time of year, market participants traditionally pay special attention to weather risks for winter crops in the Northern Hemisphere, reports oilworld.ru.
The volatility of the euro against the U.S. dollar remains an important factor influencing Paris futures, due to the intense competition between major wheat exporters and producers from the EU. Last week, the weakening of the euro limited the drop in wheat prices on Paris futures.
According to the EC.
All prices
Original content
In the oilseed market, there was a mixed trend over the week: a rise was observed in the middle of the week, but by the close of trading on Friday, there was a decline. The reduction in optimism regarding trade between the U.S. and China, as well as the resumption of activity in the Russian oil market and work on a potential peace agreement, put pressure on the oilseed market. At this time of year, market participants traditionally pay special attention to weather risks for winter crops in the Northern Hemisphere, reports oilworld.ru. The volatility of the euro against the U.S. dollar remains an important factor influencing ...
Source: Oilworld
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