| Paris | Chicago | |
|---|---|---|
| Wheat | + 1 to + 2 € | + 5 cents |
| Corn | + 1 to + 2 € | + 7 cents |
| Rapeseed | + 2 to + 3 € | |
| Soybean | + 19 cents |
| €/$ | 1.1866 $ |
| Oil WTI | 66.09 $/b |
| Wheat (€/t) | |||
|---|---|---|---|
| Mar 21 | 238.00 | +6.50 | |
| May 21 | 230.25 | +2.00 | |
| Sep 21 | 201.75 | -0.25 | |
| Dec 21 | 201.75 | +0.00 | |
| Mar 22 | 202.75 | -0.25 | |
| Corn (€/t) | |||
|---|---|---|---|
| Jun 21 | 221.25 | +0.00 | |
| Aug 21 | 218.25 | +0.00 | |
| Nov 21 | 188.00 | -0.75 | |
| Jan 22 | 189.00 | -1.00 | |
| Rapeseed (€/t) | |||
|---|---|---|---|
| May 21 | 525.75 | +7.25 | |
| Aug 21 | 445.75 | +3.25 | |
| Nov 21 | 438.00 | +3.50 | |
| Feb 22 | 434.50 | +3.75 | |
| May 22 | 431.25 | +3.75 | |
05/03/2021
| Wheat (€/t) : 2139 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 3 | Call May 21 | 235.00 | |
| 500 | Call Sep 21 | 210.00 | |
| 50 | Call Sep 21 | 217.00 | |
| 6 | Call Dec 21 | 200.00 | |
| 600 | Call Dec 21 | 210.00 | |
| 50 | Call Dec 21 | 220.00 | |
| 600 | Call Dec 21 | 235.00 | |
| 20 | Put May 21 | 215.00 | |
| 50 | Put Sep 21 | 175.00 | |
| 58 | Put Sep 21 | 195.00 | |
| 2 | Put Sep 21 | 200.00 | |
| 50 | Put Dec 21 | 185.00 | |
| 50 | Put Dec 21 | 187.00 | |
| 100 | Put Dec 21 | 200.00 | |
| Corn (€/t) : 120 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 40 | Call Jun 21 | 230.00 | |
| 40 | Put Jun 21 | 210.00 | |
| 40 | Put Jun 21 | 220.00 | |
| Rapeseed (€/t) : 1131 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 320 | Call May 21 | 500.00 | |
| 300 | Call May 21 | 520.00 | |
| 200 | Call May 21 | 570.00 | |
| 100 | Call Aug 21 | 440.00 | |
| 106 | Call Aug 21 | 450.00 | |
| 1 | Put May 21 | 497.50 | |
| 1 | Put May 21 | 500.00 | |
| 1 | Put Aug 21 | 410.00 | |
| 101 | Put Aug 21 | 430.00 | |
| 1 | Put Nov 21 | 410.00 | |
| Wheat (¢/b) | |||
|---|---|---|---|
| Mar 21 | 654.0000 | -4.2500 | |
| May 21 | 653.0000 | -6.0000 | |
| Jul 21 | 643.2500 | -2.5000 | |
| Sep 21 | 642.0000 | -2.0000 | |
| Dec 21 | 647.0000 | -0.5000 | |
| Corn (¢/b) | |||
|---|---|---|---|
| Mar 21 | 562.0000 | +2.0000 | |
| May 21 | 545.5000 | +0.5000 | |
| Jul 21 | 534.0000 | +0.7500 | |
| Sep 21 | 499.0000 | -0.2500 | |
| Dec 21 | 481.5000 | -1.0000 | |
| Soybean (¢/b) | |||
|---|---|---|---|
| Mar 21 | 1434.2500 | +7.7500 | |
| May 21 | 1430.0000 | +7.5000 | |
| Jul 21 | 1413.7500 | +7.5000 | |
| Aug 21 | 1371.0000 | +7.7500 | |
| Sep 21 | 1292.2500 | +9.5000 | |
| Soy meal ($/st) | |||
|---|---|---|---|
| Mar 21 | 420.0000 | -0.8000 | |
| May 21 | 418.2000 | -1.0000 | |
| Jul 21 | 416.2000 | -0.9000 | |
| Aug 21 | 406.6000 | -0.8000 | |
| Sep 21 | 395.0000 | -0.5000 | |
| Soy oil (¢/lb) | |||
|---|---|---|---|
| Mar 21 | 53.3800 | +1.0200 | |
| May 21 | 51.8000 | +0.8300 | |
| Jul 21 | 50.7700 | +0.8500 | |
| Aug 21 | 49.6700 | +0.8300 | |
| Sep 21 | 48.4500 | +0.8400 | |
08/03/2021
| Physical (€/t) | |||
|---|---|---|---|
| Durum wheat delivered La Pallice Spot - July 2020 basis | 275.00 | +0.00 | |
| Wheat delivered Rouen - July 2020 basis | 229.00 | +0.00 | |
| Corn delivered Bordeaux Spot - July 2020 basis | 220.00 | +1.00 | |
| Corn FOB Rhin Spot - July 2020 basis | 224.00 | +1.00 | |
| Feed barley delivered Rouen - July 2020 basis | 211.00 | +1.00 | |
| Malting barley FOB Creil Spot - July 2020 basis | 222.00 | +0.00 | |
| Rapessed FOB Moselle Spot - Flat - 2020 harvest | 523.00 | +4.00 | |
| Standard sunseed delivered St Nazaire Spot - Flat - 2020 harvest | 555.00 | +0.00 | |
| Feed peas FOB Creil Spot - August 2020 basis | 280.00 | +2.00 | |
Events
European market
Delays in Brazilian soybean harvest and following corn plantings pushed prices up last Friday.
On, the international stage, despite the high level of prices, Algeria is back on the market and has announced a soft wheat tender. Shipments are planned in April for European origins and during March for American ones. Pakistan has cancelled its tender in 300 000 t of soft wheat.
Palm oil is surging this morning in Kuala Lumpur. Prices have breached the threshold of 4 000 Ringgits/t. The European rapeseed continues to progress for both the current and the 2021 harvest. The market is underpinned by the rise of crude oil and soybean. In 2021, the European deficit in rapeseed should be posted between 6 and 7 Mt.
FranceAgriMer said on Friday that spring barley plantings were advanced up to 50% on March 1 vs. 19% the week before and 33% last year to date. The winter wheat crop rating is one point higher than last week at 88% of good to excellent. Same progression for the winter barley, which rose from 83% to 84%.
The dollar is strengthening vs. euro and rouble at respectively 1.1920 and 74.20. The crude oil continues to rise due to both the decision of OPEC+ not to increase its production from April and an attack on a Saudi Arabia oil facility by Yemeni rebels backed by Iran.
American market
In Chicago, prices were firm on Friday. Traders are betting on a bullish USDA report tomorrow. Indeed, the US Ag Minister could cut US ending stocks’ estimations in a stretched supply context.
Among short-term supportive factors, this is mainly the weather situation in South America that is raising concerns. Rainfalls are above normal in Mato Grosso and Argentina is experiencing a persisting drought.
Friday, funds were net buyers in 32 500 lots of corn, 14 500 lots of soybean and 3 500 lots of wheat.
Black Sea market
Market are closed today due to International Women's Rights Day
Commodities prices are rising further
Tweets by agritelparis