Paris | Chicago | |
---|---|---|
Wheat | unch | + 2 cents |
Corn | unch | + 1 cent |
Rapeseed | + 1 €/t | |
Soybean | +6 cents |
€/$ | 1,0698 $ |
Oil WTI | 81,93 $/b |
Wheat (€/t) | |||
---|---|---|---|
Mai 24 | 204,75 | -0,25 | |
Sept. 24 | 227,75 | +1,00 | |
Déc. 24 | 234,50 | +0,75 | |
Mars 25 | 238,00 | +1,00 | |
Mai 25 | 240,50 | +1,75 |
Corn (€/t) | |||
---|---|---|---|
Juin 24 | 199,00 | -2,00 | |
Août 24 | 203,75 | -0,75 | |
Nov. 24 | 205,75 | +1,50 | |
Mars 25 | 210,25 | +1,75 | |
Juin 25 | 210,50 | +1,50 |
Rapeseed (€/t) | |||
---|---|---|---|
Août 24 | 466,50 | +8,25 | |
Nov. 24 | 473,00 | +7,25 | |
Févr. 25 | 476,75 | +8,25 | |
Mai 25 | 477,75 | +8,50 | |
Août 25 | 469,75 | +8,50 |
02/05/2024
Wheat (€/t) : 9647 lots | |||
---|---|---|---|
Lots | Type | Strike | |
1060 | Call Sept. 24 | 235,00 | |
1000 | Call Sept. 24 | 255,00 | |
500 | Call Déc. 24 | 215,00 | |
500 | Call Déc. 24 | 225,00 | |
2 | Call Déc. 24 | 235,00 | |
260 | Call Déc. 24 | 236,00 | |
500 | Call Déc. 24 | 240,00 | |
200 | Call Déc. 24 | 250,00 | |
500 | Call Déc. 24 | 260,00 | |
2 | Call Déc. 24 | 265,00 | |
502 | Call Déc. 24 | 270,00 | |
200 | Call Mars 25 | 265,00 | |
1 | Put Sept. 24 | 220,00 | |
20 | Put Sept. 24 | 225,00 | |
1000 | Put Déc. 24 | 200,00 | |
500 | Put Déc. 24 | 215,00 | |
2000 | Put Déc. 24 | 220,00 | |
700 | Put Déc. 24 | 225,00 | |
200 | Put Mars 25 | 230,00 |
Corn (€/t) : 64 lots | |||
---|---|---|---|
Lots | Type | Strike | |
8 | Call Nov. 24 | 215,00 | |
56 | Put Nov. 24 | 190,00 |
Rapeseed (€/t) : 1043 lots | |||
---|---|---|---|
Lots | Type | Strike | |
200 | Call Août 24 | 480,00 | |
200 | Call Nov. 24 | 480,00 | |
2 | Call Nov. 24 | 505,00 | |
300 | Put Août 24 | 420,00 | |
300 | Put Août 24 | 440,00 | |
10 | Put Août 24 | 455,00 | |
10 | Put Août 24 | 465,00 | |
10 | Put Nov. 24 | 462,50 | |
10 | Put Nov. 24 | 472,50 | |
1 | Put Nov. 24 | 475,00 |
Wheat (¢/b) | |||
---|---|---|---|
Mai 24 | 581,5000 | +5,0000 | |
Juil. 24 | 599,2500 | +3,7500 | |
Sept. 24 | 619,0000 | +4,5000 | |
Déc. 24 | 645,7500 | +3,5000 | |
Mars 25 | 667,2500 | +3,2500 |
Corn (¢/b) | |||
---|---|---|---|
Mai 24 | 443,2500 | +8,0000 | |
Juil. 24 | 450,7500 | +9,2500 | |
Sept. 24 | 459,0000 | +8,2500 | |
Déc. 24 | 472,7500 | +6,7500 | |
Mars 25 | 486,5000 | +5,7500 |
Soybean (¢/b) | |||
---|---|---|---|
Mai 24 | 1155,7500 | +34,2500 | |
Juil. 24 | 1170,2500 | +29,7500 | |
Août 24 | 1171,7500 | +28,2500 | |
Sept. 24 | 1161,2500 | +24,5000 | |
Nov. 24 | 1165,0000 | +22,7500 |
Soy meal ($/st) | |||
---|---|---|---|
Mai 24 | 342,6000 | +16,1000 | |
Juil. 24 | 349,0000 | +17,0000 | |
Août 24 | 349,8000 | +15,3000 | |
Sept. 24 | 349,8000 | +14,6000 | |
Oct. 24 | 350,2000 | +13,8000 |
Soy oil (¢/lb) | |||
---|---|---|---|
Mai 24 | 42,5700 | +0,0900 | |
Juil. 24 | 43,2600 | -0,0900 | |
Août 24 | 43,5400 | -0,1200 | |
Sept. 24 | 43,7700 | -0,1300 | |
Oct. 24 | 43,9200 | -0,1300 |
02/05/2024
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 2024 basis | 315,00 | +0,00 | |
Corn delivered Bordeaux Spot - July 2023 basis | 196,00 | +0,00 | |
Corn FOB Rhin Spot - July 2023 basis | 194,00 | +0,00 | |
Feed barley delivered Rouen - July 2024 basis | 202,00 | +0,00 | |
Malting barley FOB Creil Spot - July 2024 basis | 269,00 | +0,00 | |
Rapessed FOB Moselle Spot - Flat - 2024 harvest | 458,00 | +0,00 | |
Oleic sunseed delivered St Nazaire Spot - Flat - 2023 harvest | 410,00 | +0,00 | |
Feed peas FOB Creil Spot - August 2024 basis | 260,00 | +0,00 |
European market
Despite a week shortened by the closure of markets due to the May 1st public holiday, also in France, buyers are still active. Algeria, through the OAIC, has issued a call for tenders for the purchase of wheat for shipments over the two fortnights of July 2024. The price difference between the old and new harvests is also leading some buyers with sufficient storage capacity to try to take advantage of the current wide spread.
As a reminder, for many products, May will mark the end of quotations for the 2023 harvest, or at least the end of negotiations for the volumes still available. On Euronext, the May 2024 wheat contract will expire next week, on 10 May. In rapeseed, the May 2024 contract closed on Tuesday evening in a context of easing crude oil prices.
Market participants are now focusing on the new crop situation, and in particular on the potential for Russian production given the weather conditions in the south of the country.
American market
Chicago corn prices rose yesterday, May 1, on both old and new crop. Plantings are continuing in the USA, at a slightly faster rate than the average for the last five years. The momentum of ethanol production is providing an element of firmness in the short term. In the longer term, government decisions on the greater use of biofuels in aviation are opening up new opportunities for US corn farmers.
The firmness of corn prices has given some support to the soybean market. Crushing activity in March, as reported by the USDA, remains high and confirms a sustained pace for the current season. However, the announced end of the strike in Argentina's ports should rapidly lead to a resumption of loading activity. The strike had led to a rise in meal prices since the start of the week, particularly in importing countries.
In wheat, changes in rainfall forecasting models are driving the market, with two areas in particular under scrutiny: southern Russia and the plains of the American wheat belt. Since the start of the week, prices for SRW wheat in Chicago have fallen back, erasing part of last week's upward movement.
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.