Most cereals have become more expensive on world markets

Published 2024년 3월 5일

Tridge summary

Despite a year-on-year decrease, wheat prices for March delivery have seen an increase on both the MATIF and Chicago Stock Exchange, rising by 3.3% to EUR 188.75/t and 0.6% to USD 207.05/t respectively. Conversely, corn prices fell by 1.0% to EUR 172.25/t on the Paris Stock Exchange, but increased by 1.3% to USD 164.36/t on the Chicago Stock Exchange. However, both wheat and corn have seen a significant decrease in prices over the last year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Wheat gained the most on MATIF Wheat in the contract for delivery in March on MATIF increased by 3.3%. and cost EUR 188.75/t (PLN 815/t), and on a y/y basis the prices dropped by 31.2%. Corn on the Prague stock exchange was the only one that fell in price The price of corn on the Paris Stock Exchange fell by 1.0% in the March contract. and amounted to EUR 172.25/t (PLN 744/t), and over the last year it decreased by 38.3%. Wheat on CBoT in the March contract increased by 0.6%. and cost USD 207.05/t. On a y/y basis, quotations decreased by 19.0%. The price of corn in the March delivery contract on the Chicago Stock Exchange increased by 1.3%. and amounted to USD 164.36/t, and over the last year it decreased by 35.3%. MATIF wheat, March contract - price increased by 3.28%. (EUR 188.75/t - PLN 815/t). Chart 1. Quotations of March wheat futures contracts expressed in PLN are presented in the chart below: Chart 2 In the continuation chart below of wheat contracts listed on the Paris ...
Source: Farmer.pl

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.