Yesterday’s grain futures prices on world stock exchanges dropped. The price of wheat on MATIF decreased by 1.7%.
Fall in European grain prices
Wheat in the contract for delivery in May on MATIF fell by 1.7%. and cost EUR 201.00/t (PLN 866/t), and y/y the prices dropped by 19.0%. The price of corn on the Paris Stock Exchange in the June contract fell by 0.1%. and amounted to EUR 191.50/t (PLN 825/t), and over the last year it decreased by 21.8%.
Wheat on CBOT lost the most
Wheat on CBoT fell by 2.1% in the May contract. and cost USD 199.70/t. On a y/y basis, the prices fell by 22.1%. The price of corn in the contract for delivery in May on the Chicago Stock Exchange fell by 1.2%. and amounted to USD 170.27/t, and over the last year it decreased by 33.3%.
MATIF wheat, May contract – price fell by 1.71%. (EUR 201.00/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.
Chart 3
CBOT wheat, May contract – price fell by 2.07%. ($199.70/t – PLN 793/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 0.13%. (EUR 191.50/t – PLN 825/t).
Chart 6
Quotations of June corn futures contracts expressed in PLN are presented in the chart below:
Chart 7
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 1.20%. ($170.27/t – PLN 676/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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