News

Global: For another week, there were no transactions for grain and sunflower on the exchange

Wheat
Ukraine
Published Jan 27, 2024

Tridge summary

International grain markets have seen a recovery in wheat and corn prices, with the US and France experiencing increases in the FOB price of bread wheat, while prices in Ukraine and Russia remained stable. Corn prices also rose in the US, but fell in France and remained stable in Russia. Barley prices in Ukraine and rapeseed prices on the Euronext exchange in Paris remained unchanged, while crude sunflower oil prices on the Rotterdam Stock Exchange continued to fall. Refined sugar prices for March delivery on the London Stock Exchange saw a sharp increase. Meanwhile, trade in the 'Grain' sub-district of 'Sofia Stock Exchange' JSC remains stagnant with stable prices for main products.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

In early January, international grain markets began to settle into their normal business rhythm and wheat and corn prices on both sides of the Atlantic declined due to increased supply and limited import demand. However, quotes recovered this week and the FOB price of bread wheat in the US recovered much of the losses with a rise of $12 to $261 per tonne, in France it added €2 to €221 per tonne and in Ukraine it remained at its old level of 195 USD/t, same as in Russia – no change and 240 USD/t. Corn movement was weaker, with US prices up $3 to $205/t, France slipping €1 to €192/t, and Russian prices unchanged after last week's crash from USD 210/t. The price of barley in Ukraine remained the same level at USD 190.00/t. with delivery in February. Rapeseed on the Euronext exchange in the French capital Paris fell by only 0.25 euros to 436.50 euros/t. Losses in the crude sunflower oil contract on the Rotterdam Stock Exchange continued to deepen, this time by $10 to $945/t, while ...
Source: Sinor
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