Wheat prices on MATIF increased, but less than on Friday
Wheat in the September delivery contract on MATIF rose by 0.9% yesterday. and cost EUR 225.75/t (PLN 966/t), and y/y the prices dropped by 3.7%. The price of corn on the Paris Stock Exchange in the August contract increased by 0.6%. and amounted to EUR 221.25/t (PLN 947/t), and over the last year it decreased by 6.6%.
Corn gained the most on CBoT
Wheat on CBoT in the September contract increased by 1.0%. and cost USD 201.35/t. On a y/y basis, the prices fell by 21.4%. The price of corn in the September delivery contract on the Chicago Stock Exchange increased by 2.5%. and amounted to USD 157.57/t, and over the last year it decreased by 24.1%.
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MATIF wheat, September contract – price increased by 0.89%. (EUR 225.75/t – PLN 966/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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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
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CBOT wheat, September contract – price increased by 0.97%. ($201.35/t- PLN 791/t).
Chart 4
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 0.57%. (EUR 221.25/t – PLN 947/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 2.50%. ($157.57/t- PLN 619/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