Corn on Matif is more expensive than wheat
Wheat in the September delivery contract on MATIF rose by 0.4% yesterday. and cost EUR 215.00/t (PLN 922/t), and y/y the prices dropped by 6.2%. The price of corn on the Paris Stock Exchange in the August contract increased by 0.9%. and amounted to EUR 216.00/t (PLN 927/t), and over the last year it decreased by 6.2%.
The price of chicken on CBoT increased the most
Wheat on CBoT in the September contract increased by 1.6%. and cost USD 198.14/t. On a y/y basis, the prices fell by 19.6%. The price of corn in the September delivery contract on the Chicago Stock Exchange increased by 0.6%. and amounted to USD 156.69/t, and over the last year it decreased by 24.7%.
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IGC: increase in July forecast for total world cereal production
MATIF wheat, September contract – price increased by 0.35%. (EUR 215.00/t – PLN 922/t).
Chart 1.
The quotations of September wheat futures contracts expressed in PLN are presented in the chart below:
Chart 2
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Harvest 2024. There has not been such a difference in quality and yield for years
In the continuation chart below of wheat contracts listed on the Paris Stock Exchange, the long-term downtrend dominates, the medium-term trend is upward, and the short-term trend is upward.
Chart 3
CBOT wheat, September contract – price increased by 1.60%. ($198.14/t- PLN 777/t).
Chart 4
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The rent will drop slightly. The Central Statistical Office announced the new average price of wheat
The Chicago Stock Exchange is currently dominated by a long-term downward trend, a medium-term upward trend, and a short-term upward trend.
Chart 5
MATIF corn, August contract – the price increased by 0.93%. (EUR 216.00/t – PLN 927/t).
Chart 6
The quotations of August corn futures contracts expressed in PLN are presented in the chart below:
Chart 7
In the continuation chart below of corn contracts listed on the Paris Stock Exchange, the long-term downtrend dominates, the medium-term trend is upward, and the short-term trend is upward.
Chart 8
CBOT corn, September contract – price increased by 0.57%. ($156.69/t- PLN 614/t).
Chart 9
The continuation chart of corn contracts listed on CBOT is dominated by a long-term downward trend, a medium-term upward trend and a short-term upward trend.
Chart 10
