Produktna berza

 

Corn

Wheat

Soybean

Weekly Reports

2022 #23 (13.06.-17.06.)

First contracts for barley crop 2022, corn price increase, wheat price fall, and soybean stable price level were the main events in the previous week on the commodity exchange market. The activity was augmented on the corn market, which had an absolute primacy in trading. The turnover reached 2.150 tons, while the financial value was 667.687,40 €.

On the corn market was noticed a bullish price trend. The biggest supply was for the corn with free stock during July. This cereal was traded from 249,51 to 266,54 €/t, depending on delivery and free stock. At the end of the week, corn demand was at a higher level than concluded. The weighted price was 263,99 €/t, which is an increase of 3,29%. Due to dry and hot weather in the Corn belt, corn prices in Chicago also rise.

An extremely quiet week at the wheat market. This cereal continues its downward price trend this week as well. This price movement was recorded due to reduced activity in the market, both on the demand side and on the supply side. At the beginning of the week, the supply was slightly higher, so as the week progressed, it became smaller. Due to the noticeably low demand, only 50 tons of this grain were traded this week at a price of 332,11 €/t. Compared to the previous week, the price is lower by 0,38%. At the end of the week, activity in this market was completely absent.

Compared to the previous week, the price of soybeans did not change much. At the beginning of the week, this oilseed was traded at 617,39 €/t, with a calculation of quality. For the rest of the week, supply at a higher price level did not meet the demand. Only at the end of the week, the contract was concluded at a slightly higher level compared to the beginning of the week, at 619,09 €/t, with quality calculation. Throughout the week, the interest of customers was extremely low. The weighted price for this week was 618,49 €/t, which is an increase of 0,18%.

The barley harvest has led to greater dynamics in this market. Demand for the new crop increased throughout the week and ranged at different price levels, depending on quality parameters. Contracts were concluded in the price range from 272,50 to 274,63 €/t, for barley with lower quality parameters, while barley with a specific mass of 62kg, was traded at 289,53 €/t. Although the harvest is in progress, the supply of this cereal is small.

Sunflower meal was traded at 306,56 €/t.

 

Anja Jakšić, Produktna berza

2022 #22 (06.06.-10.06.)

The second week in a row, lower activity was noted. All primary agricultural products marked negative price trends. The price of corn was the lowest in the last three months, while soybean price was on the level from the end of 2021. On the international market, uncertainty because of the conflict in Ukraine increases, which has impacted the domestic market. During this week 1.740 tons were traded, while financial value amounted to 631.164,50 €.

The biggest drop is recorded in corn. At the beginning of the week, corn was traded at 264,00 €/t. However, due to insufficient demand, the price had a downward trend. At the end of the week, contracts were concluded in the price range from 251,23 to 252,93 €/t. On the last day, there was a noticeable increase in demand for corn, at lower prices than concluded, while on the other hand, the supply was very weak and at higher levels. The weighted price was 255,57 €/t, which is a decrease of 8,00%.

This week, the price of wheat continued to fall. From the very beginning of the week, the price had a negative tendency. Insufficient activity by buyers has led to lower trading volumes. At the beginning of the week, contracts were realized at 340,64 €/t, while the concluded price at the end of the week was 332,13 €/t. The demand for wheat was almost non-existent at the end of the week, while the supply was at a slightly higher price level than the realized ones. The weighted price was 333,41 €/t, which is a decrease of 7,84%.

On the soybean market, since the end of May, the lower activity of buyers and sellers was noted. Lack of interest in buying and smaller supply led to the negative price trend. Contracts were realized at 617,42 €/t, which is also the weighted price. In comparison with the previous week, the price is lower by 5,03%.

Sunflower meal was traded at 315,10 €/t. At the end of the week, supply was on the lower level at 310,84 €/t.

 

Anja Jakšić, Produktna berza

2022 #21 (30.05.-03.06.)

Lower activity of participants, especially in demand, has led to a downward price trend. There was also a reduced trading volume, which this week reached 1.850 tons (-64,76%) while financial value was 740.214,10 €.

As in the previous week, on the corn market was noticed a higher supply compared to demand. At the beginning of the week, contracts were concluded at a price of 279,29 €/t. As the week went by, the low interest of buyers led to a drop in prices, and at the end of the week, a contract was concluded at 272,48 €/t. The weighted price was 277,76 €/t, which is a price fall of 3,73%.

After a period of growth, wheat recorded a drop in price this week. Reduced buyer activity impacted a negative price trend. During this week, the news from the world market about the negotiations between Russia and the United Nations on the permission to export commodities from the Black Sea basin influenced the downward trend in the world commodity exchanges, which was reflected in the domestic market. Contracts for wheat were concluded from 357,63 to 361,89 €/t. At the end of the week, the supply was at an even lower price level than the realized ones. The weighted price was 361,72 €/t, which is a drop of 1,88%.

The activity in soybean market continued to be weak. Very low supply, but also even weaker interest from buyers led to a negative price movement. At the beginning of the week, contracts were realized from 647,14 to 653,10 €/t. During the week, supply on a higher level than realized did not meet demand. The weighted price for this week was 650,04 €/t. which is a decrease of 3,36%.

Feed barley, crop 2021, was traded at a price of 326,13 €/t.

Sunflower meal, with 33% protein, was traded at 326,13 €/t. At the end of the week, the supply was at a lower price level.

 

Anja Jakšić, Produktna berza