Grain futures prices have gone up on world markets

Published Nov 21, 2024

Tridge summary

The article reports on the recent price trends for wheat and corn in the European and American markets. It highlights an increase in the current prices for these grains, with wheat on MATIF and corn on the Paris exchange experiencing a slight uptick, reaching their highest prices in a month. Despite this, the prices are still lower than the previous year. In contrast, wheat and corn prices on the Chicago Board of Trade (CBoT) have seen a year-on-year increase, with wheat up by 1.7% and corn up by 3.7%. The article also provides an analysis of the short-term, medium-term, and long-term price trends, showing a mixed pattern of decreases and increases over different time frames.

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

Original content

Wheat on MATIF has gained and is the most expensive in 3 weeks. Wheat in the December contract on MATIF has gone up by 0.8% and cost 219.75 euro/t (954 PLN/t), and year-on-year, the quotations have fallen by 2.0%. The price of corn on the Paris exchange in the March contract has increased by 0.4% and amounted to 212.00 euro/t (920 PLN/t). Over the past year, the price has increased by 3.7%. Grains have also gone up overseas Wheat on CBoT in the December contract has gone up by 0.5% and cost 203.01 USD/t. Year-on-year, the quotations have gone up by 1.7%. The price of corn in the December contract on the Chicago exchange has increased by 0.7%. and amounted to 169.38 USD/t, and over the past year it has decreased by 8.4 percent. MATIF wheat, December contract - the price increased by 0.80 percent. (219.75 euro/t - 954 PLN/t). Chart 1. The following continuation chart of wheat contracts listed on the Paris stock exchange shows a long-term downtrend, the medium-term is uptrend, and ...

Source: Farmer.pl