| Paris | Chicago | |
|---|---|---|
| Wheat | unch to +1 € | +5 cents |
| Corn | unch to +1 € | +2 cents |
| Rapeseed | +2 to +4 € | |
| Soybean | +5 cents |
| €/$ | 1,0751 $ |
| Oil WTI | 72,67 $/b |
| Wheat (€/t) | |||
|---|---|---|---|
| Sept. 23 | 228,25 | +6,00 | |
| Déc. 23 | 233,00 | +5,25 | |
| Mars 24 | 237,00 | +5,25 | |
| Mai 24 | 240,75 | +6,00 | |
| Sept. 24 | 237,25 | +6,00 | |
| Corn (€/t) | |||
|---|---|---|---|
| Juin 23 | 220,75 | +2,00 | |
| Août 23 | 219,00 | +4,50 | |
| Nov. 23 | 219,75 | +4,75 | |
| Mars 24 | 222,00 | +3,75 | |
| Juin 24 | 223,50 | +3,50 | |
| Rapeseed (€/t) | |||
|---|---|---|---|
| Août 23 | 411,25 | +4,25 | |
| Nov. 23 | 417,50 | +4,00 | |
| Févr. 24 | 424,00 | +4,25 | |
| Mai 24 | 426,50 | +4,50 | |
| Août 24 | 422,75 | +4,50 | |
26/05/2023
| Wheat (€/t) : 27211 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 2 | Call Sept. 23 | 225,00 | |
| 1 | Call Sept. 23 | 226,00 | |
| 10540 | Call Sept. 23 | 240,00 | |
| 75 | Call Sept. 23 | 260,00 | |
| 100 | Call Sept. 23 | 270,00 | |
| 10540 | Call Sept. 23 | 275,00 | |
| 225 | Call Sept. 23 | 280,00 | |
| 1 | Call Déc. 23 | 230,00 | |
| 16 | Call Déc. 23 | 235,00 | |
| 3 | Call Déc. 23 | 238,00 | |
| 300 | Call Déc. 23 | 240,00 | |
| 50 | Call Déc. 23 | 245,00 | |
| 21 | Call Déc. 23 | 250,00 | |
| 300 | Call Déc. 23 | 260,00 | |
| 300 | Call Déc. 23 | 280,00 | |
| 20 | Call Mars 24 | 235,00 | |
| 2000 | Call Mars 24 | 300,00 | |
| 2 | Call Mai 24 | 232,00 | |
| 2 | Call Mai 24 | 236,00 | |
| 20 | Call Mai 24 | 239,00 | |
| 40 | Call Mai 24 | 260,00 | |
| 40 | Call Mai 24 | 300,00 | |
| 6 | Call Déc. 24 | 270,00 | |
| 300 | Put Sept. 23 | 210,00 | |
| 200 | Put Sept. 23 | 215,00 | |
| 700 | Put Sept. 23 | 230,00 | |
| 500 | Put Sept. 23 | 320,00 | |
| 300 | Put Déc. 23 | 215,00 | |
| 50 | Put Déc. 23 | 225,00 | |
| 10 | Put Déc. 23 | 280,00 | |
| 500 | Put Déc. 23 | 340,00 | |
| 1 | Put Mars 24 | 230,00 | |
| 40 | Put Mai 24 | 200,00 | |
| 6 | Put Déc. 24 | 230,00 | |
| Corn (€/t) : 1 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 1 | Put Nov. 23 | 185,00 | |
| Rapeseed (€/t) : 266 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 2 | Call Août 23 | 412,50 | |
| 50 | Call Août 23 | 430,00 | |
| 40 | Call Août 23 | 450,00 | |
| 20 | Call Août 23 | 460,00 | |
| 60 | Call Août 23 | 480,00 | |
| 3 | Call Nov. 23 | 445,00 | |
| 50 | Put Août 23 | 350,00 | |
| 1 | Put Août 23 | 392,50 | |
| 20 | Put Nov. 23 | 370,00 | |
| 20 | Put Nov. 23 | 380,00 | |
| Wheat (¢/b) | |||
|---|---|---|---|
| Juil. 23 | 616,0000 | +12,7500 | |
| Sept. 23 | 629,5000 | +13,2500 | |
| Déc. 23 | 647,5000 | +13,2500 | |
| Mars 24 | 661,2500 | +11,5000 | |
| Mai 24 | 668,5000 | +11,2500 | |
| Corn (¢/b) | |||
|---|---|---|---|
| Juil. 23 | 604,0000 | +14,2500 | |
| Sept. 23 | 529,0000 | +18,5000 | |
| Déc. 23 | 534,5000 | +18,5000 | |
| Mars 24 | 543,2500 | +17,7500 | |
| Mai 24 | 548,0000 | +17,0000 | |
| Soybean (¢/b) | |||
|---|---|---|---|
| Juil. 23 | 1337,2500 | +12,2500 | |
| Août 23 | 1261,0000 | +10,7500 | |
| Sept. 23 | 1198,5000 | +14,0000 | |
| Nov. 23 | 1189,5000 | +16,2500 | |
| Janv. 24 | 1199,0000 | +14,0000 | |
| Soy meal ($/st) | |||
|---|---|---|---|
| Juil. 23 | 402,2000 | -1,2000 | |
| Août 23 | 397,9000 | -1,2000 | |
| Sept. 23 | 388,4000 | -1,3000 | |
| Oct. 23 | 378,4000 | -0,8000 | |
| Déc. 23 | 375,9000 | -1,5000 | |
| Soy oil (¢/lb) | |||
|---|---|---|---|
| Juil. 23 | 48,8200 | +0,1200 | |
| Août 23 | 48,8900 | +0,0900 | |
| Sept. 23 | 48,7800 | +0,0700 | |
| Oct. 23 | 48,5900 | +0,0500 | |
| Déc. 23 | 48,5300 | +0,0400 | |
29/05/2023
| 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 basis | 370,00 | +5,00 | |
| Corn delivered Bordeaux Spot - July 2022 basis | 230,00 | +3,00 | |
| Corn FOB Rhin Spot - July 2022 basis | 217,00 | +2,00 | |
| Feed barley delivered Rouen - July 2023 basis | 213,00 | +6,00 | |
| Malting barley FOB Creil Spot - July 2023 basis | 255,00 | +0,00 | |
| Rapessed FOB Moselle Spot - Flat - 2023 harvest | 411,00 | +4,00 | |
| Oleic sunseed delivered St Nazaire Spot - Flat - 2023 harvest | 420,00 | +0,00 | |
| Feed peas FOB Creil Spot - August 2022 basis | 270,00 | +5,00 | |
Events
European market
Cereals markets were mixed yesterday, torn between a lack of export activity and a persistently tense situation in the Black Sea basin. Russia is threatening not to extend the corridor beyond the 2 months recently agreed. Russia is also sending nuclear missiles into Belarus.
On the international scene, traders are noting a payment delay by Egypt for cereal imports.
India could see a record wheat harvest this year, according to its Minister of Agriculture, at 112.7 Mt. In Ukraine, spring plantings are now almost complete. Cereals acreage is expected to be down on last year, but up for oilseeds.
Rapeseed is bouncing back in the wake of palm oil. Also the market is finding support from EU's possible reaction over the recent months massive imports of biodiesel, which are destabilising our markets. Palm production in Malaysia could be affected in the coming months if the El Nino effect continues. Canola fell back again yesterday, with 68% of the area sown in the province of Saskatchewan, compared with an average of 76% to date.
The euro is trading at 1.0740 against the usd this morning, and the rouble at 80.25. Oil edged down to 71.70 usd a barrel in NY.
American market
Prices eased slightly in Chicago yesterday amid disappointing weekly export sales figures. In new crop terms, export sales amounted to 245,100 t of wheat, 52,100 t of maize and just 1,100 t of soybeans. The rise in the dollar is also a negative factor for the export competitiveness of US origins.
However, corn is finding support from low rainfall over much of the Corn Belt. At this stage, this situation is not a major cause for concern, but could become so if it persists.
Note that the US markets will be closed on Monday. This could lead to some short covering today before a long 3-day weekend.
Yesterday, funds were net sellers in 2,000 lots of corn and 3,000 lots of soybeans. They were neutral on wheat.
Black Sea market
Request access to the full daily report on the Black Sea Basin via the Argus AgriMarkets service by clicking here.
New tensions in the Black Sea region
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