Pre-opening 21/01/2025
Paris Chicago
Wheatunch to +1€/t+ 9 cents
Corn+ 1 €/t+ 5 cents
Rapeseed- 1 €/t
Soybean+ 13 cents
Indexes 20/01/2025
€/$1,0316 $
Oil WTI77,88 $/b

Wheat (€/t)
Mars 25226,50+3,75
Mai 25232,25+3,50
Sept. 25226,25+3,00
Déc. 25232,00+2,50
Mars 26236,25+1,75
Corn (€/t)
Mars 25214,25+1,25
Juin 25219,00+1,25
Août 25223,75+0,75
Nov. 25215,75+0,25
Mars 26215,25+0,25
Rapeseed (€/t)
Févr. 25532,00-3,00
Mai 25532,75-3,00
Août 25489,25-1,00
Nov. 25488,75-1,50
Févr. 26486,25-2,25

20/01/2025

Wheat (€/t) : 2036 lots
LotsTypeStrike
75Call Mai 25230,00
75Call Mai 25250,00
4Call Sept. 25245,00
7Call Sept. 25250,00
200Call Sept. 25260,00
750Put Mars 25205,00
750Put Mars 25220,00
75Put Mai 25220,00
100Put Déc. 25220,00
Corn (€/t) : 0 lots
LotsTypeStrike
Rapeseed (€/t) : 207 lots
LotsTypeStrike
2Call Mai 25485,00
2Call Mai 25500,00
1Put Mai 25415,00
2Put Mai 25505,00
200Put Mai 25540,00

Wheat (¢/b)
Mars 25538,7500+16,5000
Mai 25550,7500+15,7500
Juil. 25560,5000+15,2500
Sept. 25574,2500+14,7500
Déc. 25594,0000+13,7500
Corn (¢/b)
Mars 25484,2500+2,5000
Mai 25493,0000+3,0000
Juil. 25494,2500+3,2500
Sept. 25458,7500+1,0000
Déc. 25456,0000+1,2500
Soybean (¢/b)
Mars 251034,0000+15,7500
Mai 251044,7500+15,5000
Juil. 251055,2500+16,2500
Août 251048,2500+14,2500
Sept. 251027,2500+10,7500
Soy meal ($/st)
Mars 25297,2000+8,6000
Mai 25305,0000+8,4000
Juil. 25311,6000+8,2000
Août 25313,0000+7,8000
Sept. 25313,4000+7,2000
Soy oil (¢/lb)
Mars 2545,6900-0,4000
Mai 2546,1200-0,4000
Juil. 2546,3000-0,3700
Août 2545,9900-0,3400
Sept. 2545,6200-0,3400

21/01/2025

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 2024 basis305,00+0,00
Corn delivered Bordeaux Spot - July 2024 basis212,00+0,00
Corn FOB Rhin Spot - July 2024 basis221,00-1,00
Feed barley delivered Rouen - July 2024 basis206,00+3,00
Malting barley FOB Creil Spot - July 2024 basis238,00-2,00
Rapessed FOB Moselle Spot - Flat - 2024 harvest532,00+3,00
Oleic sunseed delivered St Nazaire Spot - Flat - 2024 harvest630,00+0,00
Feed peas FOB Creil Spot - August 2024 basis305,00+0,00

Events

Analysis 21/01/2025

European market

The prices movement was limited by the closure of the Chicago market yesterday amis the US public holiday in honor of Martin Luther King. The EU market was also waiting for the first measures taken by the 47th President of the United States.
The fact that the new Trump administration does not impose tariffs from day one has pressured the dollar vs the euro. This euro /dollar increased towards 1.0400. This has penalized French wheat, still trying to find export outlets to the non-EU countries.
Corn, in a firmer global context than wheat, remained close to equilibrium.
Finally, rapeseed followed Canadian canola in its rebound, in the context of absence of immediate application of US customs duties on Canadian products. However, the topic is strategic and could lead to a high volatility of prices in Winnipeg in the coming days.

American market

The US markets were closed yesterday for the public holiday in honor of Martin Luther King. The resumption this Tuesday could be animated according to the interpretations of the inaugural speech and the first measures taken by President Donald Trump.
The grain market on the night session in Chicago seems to welcome positively the fact that the question of customs duties on products imported into the United States will be dealt with later. The optimism concerns above all the hypothetical absence of a trade war between the United States and China. 
The US ethanol industry, for its part, welcomes the announcement of the relaunch of the production of gasoline cars in the United States and the possibility of using, if necessary, a 15% ethanol incorporation rate all year round, which is not the case today. 
Note on the climate front, discussions that remain animated by the situation in South America for corn and soybeans. Brazil continues to suffer from an excess of rainfall, slowing down the start of the soybean harvest. In Argentina, the return of the rains is to be welcomed although it is currently insufficient to erase the deficit of recent weeks.

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.