News

In America, grain became more expensive last week

Published Jun 22, 2020

Tridge summary

A tonne of wheat cost $ 190.1 after wheat prices in North America rose 2.5 percent. Corn went up 2.8 percent to $ 128.09 a tonne, but soybeans also rose in price, though the price was only 1.1 percent fat. Traders gave $ 208.97 for a ton of soybeans. Rapeseed prices rose just 0.2 percent to $ 203.3 a tonne.

Original content

On the Paris Commodity Exchange, the price of milled wheat stagnated after five days and at the same price of € 188.25 / tonne, the course went on a weekend break like a week ago. Feed wheat increased by 0.4 percent, ie by 0.6 euros, and the price quotation left the parquet at 163.6 euros / ton. Rapeseed trading, on the other hand, brought a minus in Europe after rising last week. This time, the course per tonne went down by 1.5 percent, or 5.75 euros, to 369.75 euros in five days. Corn investors weren’t happy either, with the price down 1.3 percent, or € 2.25, to € 167 / tonne in a week. In North America, among other agricultural products, the price of oats fell by 5.9 percent in a week, but coffee was not spared by sellers either, quite dramatically, the price fell by 6.5 percent. Orange juice was also worth less than a week earlier, investors had to suffer a 3.3 per cent drop. However, the markets for rice, soybean oil, sugar and cocoa developed well. Rice was given 7.1 per ...
Source: AgroForum
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