Wheat and corn prices fell on world exchanges

Published 2024년 12월 25일

Tridge summary

The article reports on the decline in wheat and corn prices in the March contracts on both the MATIF and CBoT exchanges. Specifically, MATIF wheat prices fell by 0.9% to 227.00 euros per ton, showing a year-on-year increase of 1.9% but a weekly decrease of 1.1%. Similarly, MATIF corn prices decreased by 0.2% to 205.00 euros per ton, with a year-on-year rise of 2.6% and a weekly fall of 0.8%. On the other hand, CBoT wheat prices remained steady at 195.84 USD per ton, marking a year-on-year decrease of 12.6% and a weekly decrease of 3.5%. Lastly, CBoT corn prices increased by 1.2% to 175.68 USD per ton, showing a year-on-year decrease of 5.0% but a weekly increase of 1.0%. The charts presented suggest a long-term downtrend, a medium-term uptrend, and a short-term uptrend for both wheat and corn prices.

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

Original content

Wheat price on MATIF fell Wheat in the March contract on MATIF fell by 0.9 percent on Friday and cost 227.00 euro/t (966 PLN/t), and year-on-year the quotations increased by 1.9 percent. Over the week, the price fell by 1.1 percent. The price of corn on the Paris exchange in the March contract fell by 0.2 percent and amounted to 205.00 euro/t (873 PLN/t), and over the past year it has increased by 2.6 percent. Weekly the quotations fell by 0.8 percent. Wheat on CBoT fell the most over the week Wheat on CBoT in the March contract did not change its price on Friday and cost 195.84 USD/t. Year-on-year the quotations fell by 12.6 percent. Over the week, the price fell by 3.5 percent. The price of corn in the March delivery contract on the Chicago exchange rose by 1.2 percent and amounted to $175.68/ton, and has fallen by 5.0 percent over the past year. On a weekly basis, the prices rose by 1.0 percent. MATIF wheat, March contract - the price fell by 0.87 percent on Friday. (227.00 ...

Source: Farmer.pl