Trade4go Summary
The article reports a rise in the prices of most cereals, including bread wheat and corn, in the initial days of the new year, with the exception of rapeseed. The price of wheat in Chicago increased by $3.00 to $235.00/ton, in France by $7.00 to $241.00/ton, in Russia by $2.00 to $237.00/ton, and in Ukraine by $2.00 to $239.00/ton. Corn prices also increased in the US and France. However, rapeseed prices are in a strong downward trend, falling by €10.50 to €524.25/t. The prices of unrefined sunflower oil and refined sugar are increasing and decreasing, respectively. The demand for feed wheat continues, and the prices of basic goods remain stable.
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Original content
The first days of the new year have turned the price movement of most cereals on world stock markets upwards, with the exception of rapeseed. The price of bread wheat FOB for February delivery in Chicago has reversed the trend and is trying to compensate for previous losses with a slight increase of 3.00 dollars to the price of 235.00 dollars/ton. France also raised quotes by 7.00 euros to 241.00 euros/ton for January delivery, and Ukraine has remained unchanged for a month at 239.00 dollars/ton. In Russia, after several weeks of decline and a slight increase, quotes added 2.00 dollars to 237.00 dollars/ton. The price movement of corn for January delivery is also on the rise – the US rose by $4.00 to $215.00/t, while in France the increase is plus €7.00 to €221.00/t. Ukraine remains at the old price of $223.00/t. The price of barley in Ukraine showed some fluctuations in late December, but now remained frozen at $217.00/t, just like the other two contracts. Euronext rapeseed for ...