Pre-opening 23/05/2024
Paris Chicago
Wheatunch to -1€/t- 4 cents
Cornunch to + 1 €/t- 1 cent
Rapeseedunch to +1€/t
Soybean- 2 cents
Indexes 22/05/2024
€/$1,0830 $
Oil WTI77,57 $/b

Wheat (€/t)
Sept. 24259,25+2,25
Déc. 24264,75+2,50
Mars 25267,25+2,75
Mai 25267,75+2,50
Sept. 25251,25+3,00
Corn (€/t)
Juin 24218,00-3,75
Août 24226,00-1,25
Nov. 24224,75+1,50
Mars 25229,00+1,75
Juin 25230,50+1,25
Rapeseed (€/t)
Août 24488,00+8,75
Nov. 24496,25+8,50
Févr. 25498,50+7,50
Mai 25497,75+7,25
Août 25484,00+7,75

22/05/2024

Wheat (€/t) : 23670 lots
LotsTypeStrike
1Call Sept. 24200,00
4Call Sept. 24207,00
10Call Sept. 24240,00
1Call Sept. 24255,00
1425Call Sept. 24265,00
695Call Sept. 24270,00
540Call Sept. 24280,00
1825Call Sept. 24290,00
2195Call Sept. 24300,00
300Call Sept. 24315,00
12Call Sept. 24360,00
1Call Déc. 24210,00
1Call Déc. 24211,00
22Call Déc. 24212,00
6Call Déc. 24222,00
600Call Déc. 24230,00
4500Call Déc. 24250,00
1Call Déc. 24256,00
4504Call Déc. 24265,00
813Call Déc. 24270,00
2Call Déc. 24280,00
40Call Déc. 24290,00
820Call Déc. 24300,00
6Call Mars 25268,00
70Call Mars 25310,00
20Call Mai 25237,00
4Call Mai 25268,00
400Put Sept. 24220,00
750Put Sept. 24230,00
300Put Sept. 24232,00
1525Put Sept. 24235,00
575Put Sept. 24240,00
14Put Sept. 24245,00
1Put Sept. 24250,00
50Put Sept. 24255,00
1002Put Sept. 24260,00
10Put Déc. 24225,00
1Put Déc. 24232,00
2Put Déc. 24234,00
120Put Déc. 24235,00
50Put Déc. 24240,00
190Put Déc. 24250,00
1Put Déc. 24257,00
60Put Déc. 24260,00
1Put Déc. 24265,00
1Put Déc. 24266,00
24Put Déc. 24267,00
1Put Mars 25238,00
73Put Mars 25240,00
10Put Mars 25255,00
10Put Mars 25260,00
70Put Mars 25270,00
1Put Mai 25240,00
7Put Mai 25245,00
1Put Mai 25250,00
2Put Sept. 25250,00
Corn (€/t) : 646 lots
LotsTypeStrike
60Call Août 24200,00
50Call Nov. 24225,00
50Call Nov. 24240,00
50Call Nov. 24250,00
50Call Nov. 24260,00
50Call Mars 25240,00
50Call Mars 25260,00
20Put Août 24222,00
20Put Août 24230,00
50Put Nov. 24200,00
50Put Nov. 24205,00
96Put Nov. 24210,00
50Put Mars 25205,00
Rapeseed (€/t) : 849 lots
LotsTypeStrike
2Call Nov. 24412,50
21Call Nov. 24420,00
20Call Nov. 24510,00
20Call Nov. 24550,00
20Call Nov. 24580,00
510Call Nov. 24600,00
1Call Mai 25500,00
100Put Nov. 24440,00
100Put Nov. 24480,00
5Put Févr. 25440,00
50Put Août 25445,00

Wheat (¢/b)
Juil. 24693,0000-6,5000
Sept. 24712,7500-6,5000
Déc. 24734,0000-6,7500
Mars 25749,5000-6,5000
Mai 25753,2500-6,2500
Corn (¢/b)
Juil. 24461,2500-1,5000
Sept. 24470,2500-1,2500
Déc. 24484,0000-1,5000
Mars 25496,7500-1,7500
Mai 25504,0000-1,0000
Soybean (¢/b)
Juil. 241246,2500-4,7500
Août 241243,2500-3,5000
Sept. 241222,5000-3,2500
Nov. 241218,2500-2,0000
Janv. 251229,0000-2,2500
Soy meal ($/st)
Juil. 24378,2000-0,4000
Août 24373,8000-0,3000
Sept. 24371,2000-0,3000
Oct. 24369,9000-0,1000
Déc. 24372,3000-0,1000
Soy oil (¢/lb)
Juil. 2445,8800-0,4100
Août 2446,1400-0,4100
Sept. 2446,2900-0,3400
Oct. 2446,3500-0,3500
Déc. 2446,6000-0,4000

23/05/2024

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 basis340,00+0,00
Corn delivered Bordeaux Spot - July 2023 basis213,00-1,00
Corn FOB Rhin Spot - July 2023 basis208,00-1,00
Feed barley delivered Rouen - July 2024 basis225,00+2,00
Malting barley FOB Creil Spot - July 2024 basis282,00+0,00
Rapessed FOB Moselle Spot - Flat - 2024 harvest484,00+9,00
Oleic sunseed delivered St Nazaire Spot - Flat - 2023 harvest445,00+10,00
Feed peas FOB Creil Spot - August 2024 basis280,00+0,00

Events

Analysis 23/05/2024

European market

Continued dry and increasingly hot weather in Russia and Ukraine remains a key concern. Euronext wheat once again reacted strongly to these concerns yesterday, marking a new high for the current movement at 264.50 €/t on the September 2024 futures, before finally closing at 259.25 €/t.
In France, the excess rainfall of the past 10 days has raised the spectre of a catastrophic 2016. The return of more stable weather conditions is therefore eagerly awaited. In corn, sowing is behind schedule in France, and here too the return of better weather is eagerly awaited.
Rapeseed is showing firmer progress, with support in North America from Canadian canola and US soybeans. Echoes of frost damage to rapeseed in Ukraine and problems with dry sowing of canola in Australia are keeping the European market on its toes. Yesterday, the February 2025 futures traded close to the €500/t mark on Euronext, with a session high of €499.25/t.
Tunisia bought 100,000 t of soft wheat yesterday for the month of June, paying around $40-45/t more than its last tender in early April.

American market

The wheat market remained nervous yesterday in Chicago. Unable to maintain the rise seen in electronic trading, prices closed slightly lower. The $7/bu level remains very strong resistance for the time being. The rise in wheat prices was held back by a wide price spread with corn in Chicago. However, the issue of Russian production is worrying American traders.
Corn and soybeans continue to be held back by faster-than-expected progress in US sowings last week. The weather conditions in Brazil, which are split between excess rainfall and drought, are nonetheless supporting the prices of corn and soybeans. US corn is also boosted by the fact that it is highly competitive with wheat for livestock feed.

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.