|Wheat||unch.||+ 1 cent|
|Rapeseed||unch. to + 1€/t|
|Oil WTI||46.98 $/b|
|Wheat (€/t) : 4248 lots|
|1064||Call Dec 16||165||5.00|
|32||Call Dec 16||170||3.50|
|20||Call Dec 16||171||2.60|
|752||Call Dec 16||175||2.00|
|500||Call Dec 16||180||1.31|
|400||Call Dec 16||195||0.46|
|36||Call Dec 16||200||0.28|
|5||Call Mar 17||167||7.70|
|3||Call Mar 17||183||3.50|
|250||Call Mar 17||227||0.25|
|1||Call May 17||168||10.20|
|4||Call May 17||169||9.19|
|8||Call May 17||170||9.50|
|3||Call May 17||175||7.80 - 8.00|
|403||Call May 17||185||5.00|
|125||Call Dec 17||195||5.70|
|300||Put Dec 16||150||1.96|
|6||Put Dec 16||162||6.00|
|100||Put Dec 16||167||9.70|
|1||Put Dec 16||168||10.20|
|60||Put Mar 17||150||2.30|
|50||Put Mar 17||155||4.05|
|125||Put Dec 17||170||10.41|
|Corn (€/t) : 215 lots|
|6||Call Nov 16||161||5.30|
|4||Call Aug 17||192||5.00|
|5||Put Nov 16||160||3.20|
|200||Put Nov 16||167||6.95|
|Rapeseed (€/t) : 618 lots|
|3||Call Feb 17||372.5||12.00|
|4||Call May 17||370||13.38|
|4||Call May 17||372.5||13.80|
|200||Call Aug 17||357.5||13.73|
|3||Call Aug 17||370||10.50|
|4||Call Nov 17||377.5||11.50|
|400||Put May 17||362.5||10.09|
|Soy meal ($/st)|
|Soy oil (¢/lb)|
|Wheat Delivered Rouen 2016||156.00||-4.00|
|Corn Fob Bordeaux 2015||162.00||-1.00|
|Corn Fob Rhin 2015||166.00||-1.00|
|Feed barley Delivered Rouen 2016||132.00||-4.00|
|Malting barley Fob Creil 2016||195.00||+0.00|
|Rapessed Fob Moselle - Flat||375.00||-3.00|
|Sunseed Delivered St Nazaire - Flat||360.00||+0.00|
|Feed peas Fob Creil 2016||220.00||+0.00|
Join Agritel at the Commodities Exchange in Dresde08 Sep
Join Agritel at the European Commodities Exchange06-07 Oct
Price risk management and futures market09-10 Nov
Paris Grain Day26-27 Jan
Wheat prices at Euronext were amongst the first commodities yesterday to lose value. They have been pressured by the decrease in Chicago, triggered mainly by technical considerations. The key support level at 4 US$/Bu (December 16) broke and once more accelerated the sales at CBoT. This development underlines again the large availabilities on the world market, given the abundant harvest in main producing countries.
On the international scene, the US sold 393 000t of soybean to unknown destinations. At the same time, Egypt keeps on dominating the headlines of wheat exports with its 0%- tolerance policy for ergot. This is likely to impact the following offers for their tenders.
The German wheat harvest has now been estimated by the Agricultural Ministry for the first time, outlining a total production of 24.55 Mt. Even though quality aspects might not quite match last years’ results, Germany is likely to keep its standing on the global export market.
Apart from wheat, also corn has decreased in prices following the very good production potential in the US proofed by last week’s Pro Farmer crop tour. They expect the corn production in the US to sum up to 374 Mt.
The rapeseed market at Euronext consolidated in the wake of crude and palm oil. Export demand for the latter remains dynamic and support prices.
Prices were decreasing yesterday on every product in a context of a plentiful 2016 harvest, confirmed by the last ProFarmer tour results.
Export activity is particularly dynamic with export inspections set at 1.422 Mt on corn, above operators’ expectations. On wheat and soybean, export inspections were at 511 695t and 921 137t respectively.
The crop rating published after the market close were unchanged compared to last week at 75% for corn and increased by one percentage point at 73%.
Funds were net sellers on corn for 11 000 lots, for 1 000 lots on soybean and 6 500 lots on wheat.
Black Sea market
During last week, shipments from Ukraine and Russia slowed down. But nevertheless, Ukraine exported almost 400 000t of wheat and 150 000t of barley thanks to a strong demand mainly from Asia. India, Thailand, and Bangladesh turn into strong clients for Ukrainian cereals’ traders.
Russian authorities report exports of only 200 000t of wheat which is rather weak, considering the large export availabilities this year.