Pre-opening 17/01/2019
Paris Chicago
Wheatunch-2 cents
Cornunch+1 cent
Rapeseedunch to +1 €/t
Soybean+2 cents
Indexes 16/01/2019
€/$1.1389 $
Oil WTI52.31 $/b

Wheat (€/t)
Mar 19203.00+0.00
May 19204.00+0.00
Sep 19187.75-0.25
Dec 19189.75-0.25
Mar 20192.00-0.25
Corn (€/t)
Mar 19180.00+0.25
Jun 19183.25+0.25
Aug 19187.25+0.25
Nov 19176.25+0.00
Jan 20176.75+0.00
Rapeseed (€/t)
Feb 19369.25+0.00
May 19370.75+0.00
Aug 19367.00+0.25
Nov 19369.25+0.25
Feb 20371.25+0.75
Nitrogen solution (€/t)
Mar 19240.00+0.00
Jun 19210.00+0.00
Sep 19210.00+0.00
Nov 19220.00+0.00
Mar 20220.00+0.00

Wheat (€/t)
Mar 19203.00+0.00
May 19204.00+0.00
Sep 19187.75-0.25
Dec 19189.75-0.25
Mar 20192.00-0.25
Corn (€/t)
Mar 19180.00+0.25
Jun 19183.25+0.25
Aug 19187.25+0.25
Nov 19176.25+0.00
Jan 20176.75+0.00
Rapeseed (€/t)
Feb 19369.25+0.00
May 19370.75+0.00
Aug 19367.00+0.25
Nov 19369.25+0.25
Feb 20371.25+0.75
Nitrogen solution (€/t)
Mar 19240.00+0.00
Jun 19210.00+0.00
Sep 19210.00+0.00
Nov 19220.00+0.00
Mar 20220.00+0.00

1/16/2019

Wheat (€/t) : 2880 lots
LotsTypeStrikePrime
288Call Mar 192101.00
286Call Mar 192150.29
150Call May 192064.88
1Call May 192103.20
50Call Sep 192003.90
150Call Dec 191956.76
400Call Dec 192054.03
500Call Dec 192201.96
50Put Sep 191856.96
4Put Sep 191888.17
100Put Dec 191804.82
100Put Dec 191856.68
801Put Dec 191909.80
Corn (€/t) : 0 lots
LotsTypeStrikePrime
Rapeseed (€/t) : 601 lots
LotsTypeStrikePrime
100Call May 19372.54.94
100Call Nov 1936015.62
200Call Nov 19377.57.63
100Put May 193705.48
100Put Nov 19347.52.63
1Put Nov 193607.10

1/16/2019

Wheat (€/t) : 2880 lots
LotsTypeStrikePrime
288Call Mar 192101.00
286Call Mar 192150.29
150Call May 192064.88
1Call May 192103.20
50Call Sep 192003.90
150Call Dec 191956.76
400Call Dec 192054.03
500Call Dec 192201.96
50Put Sep 191856.96
4Put Sep 191888.17
100Put Dec 191804.82
100Put Dec 191856.68
801Put Dec 191909.80
Corn (€/t) : 0 lots
LotsTypeStrikePrime
Rapeseed (€/t) : 601 lots
LotsTypeStrikePrime
100Call May 19372.54.94
100Call Nov 1936015.62
200Call Nov 19377.57.63
100Put May 193705.48
100Put Nov 19347.52.63
1Put Nov 193607.10

Wheat (¢/b)
Mar 19512.5000-0.2500
May 19518.0000+0.0000
Jul 19523.0000+0.2500
Sep 19531.5000+0.2500
Dec 19545.0000-0.2500
Corn (¢/b)
Mar 19374.0000+1.2500
May 19382.2500+1.2500
Jul 19390.0000+1.2500
Sep 19393.7500+1.2500
Dec 19399.2500+0.7500
Soybean (¢/b)
Mar 19894.5000+2.5000
May 19908.0000+2.5000
Jul 19920.7500+2.7500
Aug 19926.0000+2.7500
Sep 19929.5000+1.2500
Soy meal ($/st)
Mar 19310.1000+0.4000
May 19313.7000+0.4000
Jul 19317.6000+0.3000
Aug 19319.2000+0.3000
Sep 19320.6000+0.5000
Soy oil (¢/lb)
Mar 1928.2300+0.0700
May 1928.5100+0.0700
Jul 1928.7900+0.0800
Aug 1928.9400+0.0700
Sep 1929.0600+0.0500

Wheat (¢/b)
Mar 19512.5000-0.2500
May 19518.0000+0.0000
Jul 19523.0000+0.2500
Sep 19531.5000+0.2500
Dec 19545.0000-0.2500
Corn (¢/b)
Mar 19374.0000+1.2500
May 19382.2500+1.2500
Jul 19390.0000+1.2500
Sep 19393.7500+1.2500
Dec 19399.2500+0.7500
Soybean (¢/b)
Mar 19894.5000+2.5000
May 19908.0000+2.5000
Jul 19920.7500+2.7500
Aug 19926.0000+2.7500
Sep 19929.5000+1.2500
Soy meal ($/st)
Mar 19310.1000+0.4000
May 19313.7000+0.4000
Jul 19317.6000+0.3000
Aug 19319.2000+0.3000
Sep 19320.6000+0.5000
Soy oil (¢/lb)
Mar 1928.2300+0.0700
May 1928.5100+0.0700
Jul 1928.7900+0.0800
Aug 1928.9400+0.0700
Sep 1929.0600+0.0500

1/17/2019

Physical (€/t)
Blé dur rendu Port la Nouvelle - Base Juillet 2018215.00+0.00
Blé meunier rendu Rouen - Base Juillet 2018199.00-1.00
Maïs rendu Bordeaux - Base Juillet 2018174.00+0.00
Maïs FOB Rhin - Base Juillet 2018174.00+0.00
Orge fourragère rendu Rouen - Base Juillet 2018192.00-4.00
Orge brasserie de printemps Planet FOB Creil - Base Juillet 2018205.00-1.00
Colza FOB Moselle - Flat - Récolte 2018370.00+0.00
Tournesol rendu St Nazaire - Flat - Récolte 2018305.00+0.00
Pois fourragers FOB Creil - Base Août 2018212.00+0.00

1/17/2019

Physical (€/t)
Durum wheat delivered Port la Nouvelle Spot - July 2018 basis215.00+0.00
Wheat delivered Rouen - July 2018 basis199.00-1.00
Corn delivered Bordeaux Spot - July 2018 basis179.00+0.00
Corn FOB Rhin Spot - July 2018 basis174.00+0.00
Feed barley delivered Rouen - July 2018 basis192.00-4.00
Malting barley FOB Creil Spot - July 2018 basis205.00-1.00
Rapessed FOB Moselle Spot - Flat - 2018 harvest370.00+0.00
Sunseed delivered St Nazaire Spot - Flat - 2018 harvest305.00+0.00
Feed peas FOB Creil Spot - August 2018 basis212.00+0.00

Events

  • Paris Grain Day
    31 Jan-01 Feb
Analysis 17/01/2019

European market

The return of the euro against the dollar below 1.14 level gives back an attraction to European origins in a context where the economic sphere is attentive to the evolution of the British situation. It helps soft wheat to stabilize in a market waiting for new business.

On the other hand, barley prices are down sharply in line with the outlook for current export activity and the return of selling pressure.

In Euronext, figures stabilize on wheat and corn with prices for March 2019 contract respectively at 203 €/t and 180 €/t. In oilseeds, prices mark a phase of stabilization as the closing of the February contract approaches. Operators are now focusing on the next maturities where prices are firming up slightly above support levels.

American market

Wheat prices rebounded slightly yesterday in Chicago. The price decline of the previous day has led some operators to reposition themselves after a return of prices close to the lowest levels of early January.

The situation is similar in corn with a slight rise in prices after the fall observed at the beginning of the week. The downward movement in prices of American origins is pushing buyers to reposition themselves with reported sales including transactions with South Korea. The export pace to China is also to be followed. The promises of China to increase imports are to materialize.

The changing weather conditions in South America also support prices. In Brazil, dry weather is confirmed while in Argentina wet conditions persist.

Black Sea market

According to the ministry of agriculture in Ukraine, exports have reached 25.7 Mt of grains since the beginning of campaign. For wheat, the pace remains steady with already at 11.1 Mt loaded mostly to South-East Asia (Indonesia, Philippines, Bangladesh, Thaïland…). When focusing on barley, the volumes still available are now limited after a very dynamic first half of the campaign that saw the country exported 3.2 Mt to Saudi Arabia and China as well. To end with, corn exports reached 10.7 Mt mostly to European Union (Spain, the Netherlands, Germany) and China.

The Ukrainian corn is competitive in the international trade, allowing the country to gain market shares. The strength of the demand is underpinning a bullish trend on prices that touched their highest level since September, 4th 2018 at 163 $/t on CPT Odessa basis. For wheat, prices are now evolving at 219 $/t (CPT Odessa) above previous high recorded in August.

Live news

The euro is under 1.14 against the dollar this morning.

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