News

Grain prices on world stock exchanges deepen the lows

France
United States
Published Dec 7, 2022

Tridge summary

The world's grain markets continue to suffer from a bad streak of contract quotations. The last four sessions ended with price drops and new local lows. Yesterday, wheat on CBOT reached the lowest price in 14.5 months, wheat listed on MATIF is the lowest in 9.5 months. What is the price of corn on the exchange? The price of corn on the Paris exchange reached the lowest level since the first decade of July this year, and on the CBOT since the second decade of August this year. This Friday, the USDA will release its latest monthly report, including with forecasts of the world grain balance in the current season. Will the data change the current trend? Wheat price in December contract Wheat contract for delivery in December dropped by 1.6 percent yesterday on MATIF. and cost EUR 308.25/t (PLN 1,449/t), and in y/y terms, the quotations increased by 9.7%. The price of corn on the Paris exchange in the March contract fell 1.1 percent.

Original content

The world's grain markets continue to suffer from a bad streak of contract quotations. The last four sessions ended with price drops and new local lows. Wheat on CBOT reached its lowest price in 14.5 months yesterday, wheat listed on MATIF is the lowest in 9.5 months. What is the price of corn on the stock market? The price of corn on the Paris exchange reached the lowest level since the first decade of July this year, and on the CBOT since the second decade of August this year. This Friday, the USDA will release its latest monthly report, including with forecasts of the world grain balance in the current season. Will the data change the current trend? The price of wheat in the December contract Wheat under contract for December delivery was down 1.6% yesterday on MATIF. and cost EUR 308.25/t (PLN 1,449/t), and in y/y terms, the quotations increased by 9.7%. The price of corn on the Paris exchange in the March contract fell 1.1 percent. and amounted to EUR 288.50/t (PLN 1,356/t), ...
Source: Farmer.pl
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