News

World wheat and corn prices began to fall

Wheat
Maize (Corn)
Published Nov 13, 2022

Tridge summary

After the geopolitical factor was a major component in the price movement of the main grain contracts on the global stock markets last week, it has now become clear that Russia will not end its participation in the grain corridor agreement. This "preservation" of export opportunities, as well as the good harvest, calmed the quotations on the stock exchanges in Europe and overseas, report the experts of the Sofia Stock Exchange (SSB).

Original content

Wheat prices in the US went down and the cheapening is sensitive - by 38 dollars to 361 dollars per ton, those in France also fell by 17 euros to 336 euros per ton. In Ukraine with delivery to Hungary and in Russia there was no change and the respective prices remained at $290 per ton and $310 per ton. After the downward turn in the price of US corn a week ago, now the depreciation continues - by 18 dollars to 339 dollars per ton, and France followed it by minus 10 euros to 343 euros/ton. In Russia, the price of corn is unchanged at $290 per ton. The price of barley in France reversed the trend and decreased by 12 euros to 303 euros/ton, in Russia for the second week unchanged at 285 dollars per ton. Rapeseed on the Euronext exchange also reversed the downward trend and fell by 23 euros to a level of 637 euros/ton. The price of unrefined sunflower oil on the Rotterdam exchange, for delivery in December, was back up by $40 to $1,410 a tonne, while that of refined sugar rose ...
Source: Dnes
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