World: For 4 months now, the market price of bread wheat has not budged from BGN 388 per ton

Published Aug 18, 2024

Tridge summary

The article reports a steady period at the Sofia Stock Exchange AD, with no movement in Bulgarian bread wheat prices since April. Fodder wheat, corn, oilseed sunflower, and fodder barley are also available at set prices. Internationally, there has been some stabilization and reduction in grain prices, with minor changes in bread wheat, corn, and barley prices, and a drop in Euronext rapeseed and crude sunflower oil prices. Refined sugar prices have seen fluctuations.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A decline was reported on international markets At the Sofia Stock Exchange AD, trading in the "Zarno" subdistrict is calm. Bread wheat was offered in large quantities at BGN 388.00/t delivery EXW, reports the SSB. A quick look at wheat exchange prices shows that since April this year, Bulgarian bread wheat hasn't budged either up or down from BGN 388, regardless of whether there is a buyer or not. For fodder wheat, the demand continues at BGN 340.00/ton. Corn for immediate delivery is available in the range of BGN 360.00 - 380.00/ton, and oilseed sunflower from BGN 820.00 to 840.00/ton. The offer of fodder barley at a price of BGN 320.00/ton is new. This week in mid-August brought more clarity in the forecasts for the harvest and, accordingly, some stabilization and even a reduction in the prices of the main grain contracts on the world stock markets, informs the SSB bulletin. FOB Chicago bread wheat fell back down $1.00 to $217.00/t for September delivery, France also corrected ...
Source: Agroplovdiv

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