It is not possible to follow what is happening with the price of wheat and corn in Hungary

Published 2024년 11월 28일

Tridge summary

The article discusses the global trends in wheat and corn prices from October to November, noting a decrease in the spot market price of 12.5% protein milling wheat in several countries including Germany, France, Russia, Romania, the USA, Argentina, and Australia, while Hungary saw an increase compared to the previous year. Corn prices showed mixed trends, with increases in the US, Argentina, Brazil, and Ukraine, stability in Bulgaria and Romania, and a decrease in France. Hungarian corn prices rose significantly from the previous year. The article also covers price fluctuations on the Chicago Mercantile Exchange and the Paris commodity exchange.

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

Original content

According to Tallage's information in October, the spot market price of 12.5 percent protein milling wheat in Germany (FOB Hamburg) decreased by $13 to $271/ton between October 7 and November 7, according to AKI's latest report. The immediate export price (FOB) of milling wheat arriving in Rouen dropped by $19 to $241, for both December 2024 and January 2025 to $242-250, and for March 2025 by $21 to $252/ton. 11.5 percent protein mill wheat produced in Russia was available for immediate delivery at $220, and 12.5 percent protein at $230/t ($-3, FOB) on November 7. In Romania, the spot market price of milled wheat per ton decreased by $10 to $238/ton in the indicated period. In the USA, the immediate export price (FOB Gulf) of red soft grain winter wheat (SRW) fell by $13 to $255, and that of hard red winter wheat (HRW) with a protein content of 11 percent decreased by $16 to $262/ton. In Argentina, the immediate export price of the crop was $16 lower ($230/ton) at the beginning of ...

Source: Agronaplo