Wheat on MATIF fell by over 5 percent in a week.
Wheat in the September delivery contract at MATIF rose by 1.9 percent on Friday and cost EUR 205.25/t (PLN 877/t), while year-on-year the price fell by 10.9 percent. Over the week, the price fell by 5.4 percent. The price of corn on the Paris exchange in the November contract fell by 0.6 percent and amounted to EUR 195.50/t (PLN 835/t), while over the past year it has fallen by 9.9 percent. Week-on-week, the price fell by 4.0 percent.
Prices are also falling overseas
Wheat on the CBoT in the September contract on Friday rose by 0.3% and cost 194.74 USD/t. In year-on-year terms, the quotations fell by 10.1%. Over the week, the price fell by 2.3%. The price of corn in the September contract on the Chicago exchange fell by 1.2% and amounted to 145.86 USD/t, and over the past year it has fallen by 21.7%. In weekly terms, the quotations fell by 1.7%.
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MATIF wheat, September contract – the price on Friday increased by 1.86% (EUR 205.25/t – PLN 877/t).
Chart 1.
The September wheat futures quotes expressed in zlotys are presented in the chart below:
Chart 2
The following continuation chart of wheat futures listed on the Paris stock exchange shows a long-term downtrend, a medium-term uptrend and a short-term downtrend.
Chart 3
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CBOT wheat, November contract – price increased by 0.33 percent (194.74 USD/t – 758 PLN/t).
Chart 4
The Chicago Stock Exchange is currently experiencing a long-term downtrend, a medium-term downtrend, and a short-term downtrend.
Chart 5
MATIF corn, November contract – price fell by 0.64% (EUR 195.50/t – PLN 835/t).
Chart 6
The November corn futures quotes expressed in zlotys are presented in the chart below:
Chart 7
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During the year, Ukraine exported 44 million tons of grain
In the following continuation chart of corn futures listed on the Paris stock exchange, the long-term trend is downward, the medium-term trend is upward, and the short-term trend is downward.
Chart 8
CBOT corn, September contract – price fell by 1.20 percent (145.86 USD/t – 568 PLN/t).
Chart 9
The continuation chart of corn futures listed on CBOT is dominated by a long-term downtrend, the medium-term is downward, and the short-term is downward.
Chart 10
