What are the expectations for wheat, corn, and rapeseed in Bulgaria

Published 2022년 4월 12일

Tridge summary

The article reports on the changes in futures market prices for key agricultural commodities such as wheat, corn, and rapeseed for various delivery months in 2022. It notes a significant increase in wheat prices and a decrease in corn prices. The article also highlights various export and import-related restrictions and bans imposed by countries like Russia, Ukraine, northern Macedonia, and Jordan on wheat, fertilizers, sunflower oil, and corn. Additionally, it mentions the abolition of import duties on US corn by Britain, effective from June 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the futures market for wheat for delivery in May 2022, there was an increase in quotations by 9.50 euros / ton - from 371.75 euros / ton at the beginning of the month to 381.25 euros / ton at the end. The average futures price for March is 371.38 euros / ton, according to the Ministry of Agriculture in its monthly review of international markets for cereals and oilseeds. Vote: Are you planning to use less chemical fertilizers this year? On the European futures market for delivery in June 2022, corn started at a price of 343.00 euros / ton. At the end of the period under review it fell to 338.75 euros / ton, which is a decrease of quotations by 4.25 points. The average futures price for June is 338.81 euros / ton. The average futures price for May 2022 for rapeseed is 908.13 euros / ton, for August - 749.00 euros / ton, and for November - 728.00 euros / ton. The Russian government banned the export of wheat, rye, barley and corn between March 15 and June 30, 2022. Authorities in ...

Source: Agri