Quotes of American and British wheat went up again

Published Dec 29, 2022

Tridge summary

On December 28, 2022, the US and European wheat markets experienced mixed results, with US and British wheat prices increasing while French wheat prices declined. This occurred during a period of dollar strength against the euro and pound. Chicago wheat contracts saw a significant rise of 1.42%, along with increases in corn and soybean contracts. However, in Paris, March wheat contracts fell by 0.24%, despite an increase in the previous day. Additionally, corn prices in Paris remained unchanged, and January rapeseed prices experienced a slight decrease.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On December 28, wheat quotes in the US and Europe went in different directions. American and British wheat rose, while French fell. On December 28, the dollar rose against the euro and the pound. In Paris, March wheat contracts fell by 0.24%, in Chicago they rose by 1.42%, and in London by 2.33% in January. In Chicago, corn quotes rose almost the same as the day before by 1.19%, and soybean quotes by 1.62%, KazakhZerno.kz writes. On December 28, at the Chicago Stock Exchange (SWOT), wheat contracts increased from $7.74 to $7.85/bushel, or by 1.42% ($288.40 per ton). Corn rose from $6.74 to $6.82/bushel, or 1.19% ($267.41 per ton). Soybeans rose from $14.82 to $15.06 per bushel, or 1.62% ($553.60 per ton). In Europe, on December 28, at the LIFFE exchange in London, January wheat contracts rose from 236.50 to 242 pounds per ton, or by 2.33% ($290.4). In Paris, on the MATIF exchange on December 28, March wheat contracts fell from 315.25 to 314.50 euros per ton, or by 0.24% ($333.37). ...
Source: Kazakh-zerno

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