Price forecast for wheat, corn and canola in Europe
Published Sep 10, 2022
Tridge summary
On the futures market for wheat for delivery in September, quotations decreased by 12.25 euros/ton - from 342.50 euros/ton at the beginning of the month to 330.25 euros/ton at the end.
Original content
Sunflower fell to BGN 1,000/ton, warehouses are full The average futures price for September is EUR 331.63/ton, the Ministry of Agriculture stated in its monthly overview of the international grain and oilseed markets. On the European futures market for delivery in November, corn started at 327.25 euros/ton. At the end of the considered period, it reached EUR 316.00/ton, which is a reduction of quotations by 11.25 points. The average futures price for November is EUR 322.63/ton. For rapeseed, the average futures price for November 2022 is EUR 635.06/ton, for February 2023 – EUR 638.63/ton, and for May 2023 – EUR 639.88/ton. In the first half of August, 560,000 tons of agricultural products were exported through the Ukrainian grain corridor. 451,481 tons of corn, 50,300 tons of sunflower meal, 41,622 tons of wheat, 11,000 tons of soybeans, 6,000 tons of sunflower oil and 2,914 tons of sunflower were exported. In recent weeks, the levels of Europe's Rhine and Danube rivers have ...
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