Pre-opening 16/04/2024
Paris Chicago
Wheat+ 1 €/t+ 3 cents
Cornunch to + 1 €/tunch
Rapeseedunch to +1€/t
Soybean+ 2 cents
Indexes 15/04/2024
€/$1,0656 $
Oil WTI85,02 $/b

Wheat (€/t)
Mai 24203,75-1,25
Sept. 24216,25-1,50
Déc. 24222,75-1,00
Mars 25227,00-1,25
Mai 25229,50-1,00
Corn (€/t)
Juin 24195,50-0,50
Août 24198,75+0,00
Nov. 24199,50+0,00
Mars 25203,50-0,25
Juin 25205,00+0,00
Rapeseed (€/t)
Mai 24460,00-5,25
Août 24460,50-4,25
Nov. 24464,25-3,25
Févr. 25466,75-2,75
Mai 25466,00-3,50

15/04/2024

Wheat (€/t) : 2707 lots
LotsTypeStrike
100Call Sept. 24230,00
500Call Sept. 24235,00
200Call Sept. 24240,00
750Call Sept. 24270,00
5Call Déc. 24225,00
150Call Déc. 24270,00
150Call Déc. 24290,00
1Call Mars 25265,00
500Put Sept. 24195,00
200Put Sept. 24200,00
50Put Déc. 24220,00
1Put Mars 25225,00
50Put Mai 25225,00
50Put Mai 25230,00
Corn (€/t) : 220 lots
LotsTypeStrike
20Put Août 24182,00
90Put Août 24185,00
110Put Août 24197,00
Rapeseed (€/t) : 120 lots
LotsTypeStrike
100Put Août 24500,00
10Put Nov. 24455,00
10Put Nov. 24462,50

Wheat (¢/b)
Mai 24551,7500-5,5000
Juil. 24567,5000-5,2500
Sept. 24583,7500-5,2500
Déc. 24607,2500-6,2500
Mars 25625,5000-5,7500
Corn (¢/b)
Mai 24431,5000-0,7500
Juil. 24444,2500-1,7500
Sept. 24453,7500-2,5000
Déc. 24469,2500-2,0000
Mars 25482,5000-2,2500
Soybean (¢/b)
Mai 241158,2500-6,7500
Juil. 241172,0000-6,5000
Août 241171,5000-6,2500
Sept. 241161,0000-6,7500
Nov. 241167,2500-6,0000
Soy meal ($/st)
Mai 24338,5000-0,8000
Juil. 24339,6000-1,5000
Août 24340,2000-1,6000
Sept. 24340,6000-1,7000
Oct. 24340,4000-1,8000
Soy oil (¢/lb)
Mai 2445,4700-0,4200
Juil. 2446,0100-0,4200
Août 2446,2200-0,4100
Sept. 2446,3700-0,4000
Oct. 2446,4200-0,4400

16/04/2024

Physical (€/t)
You can now find the prices for the Wheat delivered Rouen - (July basis) in the Argus AgriMarkets report
FIND OUT MORE HERE >>
Durum wheat delivered La Pallice Spot - July 2023 basis300,00+0,00
Corn delivered Bordeaux Spot - July 2023 basis190,00+0,00
Corn FOB Rhin Spot - July 2023 basis189,00+0,00
Feed barley delivered Rouen - July 2023 basis181,00+0,00
Malting barley FOB Creil Spot - July 2023 basis310,00+5,00
Rapessed FOB Moselle Spot - Flat - 2023 harvest460,00+2,00
Oleic sunseed delivered St Nazaire Spot - Flat - 2023 harvest405,00+2,00
Feed peas FOB Creil Spot - August 2023 basis230,00+0,00

Events

Analysis 16/04/2024

European market

With the euro falling to close to its lowest level since last November, old crop prices closed slightly higher yesterday. The euro's sharp fall since the ECB's last meeting is providing support for European commodity prices. Today's GASC call for tenders for May loadings will highlight the price spread between European and Black Sea origins. As in previous Egyptian tenders, the terms of payment by letter of credit will be either 180 days or 270 days.
In France, progress has been made on the spring plantings. The latest figures from FranceAgriMer show that spring barley sowing is nearing completion and corn sowing has started. However, the weather conditions remain to be monitored, with cold weather forecast to return to several production areas.
In the oilseed sector, despite the firmness of crude oil prices in the face of the situation in the Middle East, old crop prices were little changed, reflecting the fall in palm oil prices in Kuala Lumpur and Canadian canola prices recorded yesterday.

American market

Prices fell in Chicago yesterday, reflecting the further strengthening of the dollar. Economic indicators remain favourable in the USA to date, leaving traders waiting for a change in US interest rates. The dollar's strength is mechanically depressing the price of US crops, in a context where exports need to become more competitive, particularly against South American origins.
Exceptional new corn sales to Mexico have nevertheless contained the downward trend, with 135,000 t sold in the current season and 30,000 t in the new season.
Figures on crop conditions and planting progress were released last night. The USDA confirmed the progress made in corn and spring wheat sowings, each up 4 points on the previous week, reaching 7% for both products. Soybean sowings are just getting under way, at 2%. The condition of winter wheat crops has deteriorated slightly, down 1 point on last week, with 55% of acreage deemed to be in "good to excellent" condition. These figures were in line with traders' expectations, implying little change at the opening of the market this morning.

Black Sea market

Click here to request full access to the AgriMarkets report to find out more about the Black Sea region, and follow price trends in Russia on a daily basis.