Decrease in prices of most cereals on world markets

Yesterday’s grain futures prices on world stock exchanges mostly fell. The price of wheat on Matif decreased by 0.1%.

Correction of grain prices on Matif

Wheat in the contract for delivery in May on Matif fell by 0.1%. and cost EUR 200.75/t (PLN 866/t), and y/y the prices dropped by 18.1%. The price of corn on the Paris Stock Exchange in the June contract fell by 0.5%. and amounted to EUR 190.50/t (PLN 822/t), and over the last year it decreased by 21.5%.

American wheat was the only one to increase in price

Wheat on CBoT in the May contract increased by 0.7%. and cost USD 201.17/t. On a y/y basis, quotations decreased by 21.8%. The price of corn in the contract for delivery in May on the Chicago Stock Exchange fell by 1.3%. and amounted to USD 168.01/t, and over the last year it decreased by 34.1%.

Matif wheat, May contract – price decreased by 0.12%. (EUR 200.75/t – PLN 866/t).
Chart 1.

Quotations of May wheat futures contracts expressed in PLN are presented in the chart below:
Chart 2

In the continuation chart below of wheat contracts listed on the Paris Stock Exchange, the long-term downtrend dominates, the medium-term trend is downward, and the short-term trend is downward.

Joint talks between the governments of Poland and Ukraine. If there were no specifics, there are none

Chart 3

CBOT wheat, May contract – price increased by 0.74%. ($201.17/t- PLN 802/t).
Chart 4

The Chicago stock exchange is currently dominated by a long-term downward trend, a medium-term downward trend, and a short-term downward trend.
Chart 5

Matif corn, June contract – price decreased by 0.52%. (EUR 190.50/t – PLN 822/t).
Chart 6

Quotations of June corn futures contracts expressed in PLN are presented in the chart below:
Chart 7

There is still no trade agreement between Ukraine and the EU

In the continuation chart below of corn contracts listed on the Paris Stock Exchange, the long-term downtrend dominates, the medium-term trend is downward and the short-term trend is up.
Chart 8

CBOT corn, May contract – price dropped by 1.33%. ($168.01/t- PLN 670/t).
Chart 9

The continuation chart of corn contracts listed on CBOT is dominated by a long-term downward trend, a medium-term downward trend, and a short-term upward trend.
Chart 10

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