Produktna berza





Weekly Reports

2022 #45 (14.11.-18.11.)

Price fall has continued during this week. The turnover was lower than the previous week, at 3.525 tons of commodities, representing a drop of 11,2%. The financial value reached 1.407.896,22 €, i.e., less by 4% than last week. On the international market, there were no significant movements, and correlated to that the contract about the food corridor from Ukraine has continued.

Corn marked a bearish price trend at Produktna berza. The price ranged from 289,87 to 298,39 €/t. Share in the trade of this commodity was significantly below the average for this time of the year. The weekly weighted price was 295,58 €/t, which represents a 1,92% lower price compared to the previous week.

Wheat was the most traded commodity. The price was in the range of 323,97 to 328,23 €/t, depending on quality and parity. On the weekly basis, the price was lower by 2,71% and the weighted price was 326,44 €/t.

All contracts for soybean were concluded at the same price. This oilseed has continued a downward trend with a weekly fall of 4,05%. The weekly price was 605,31 €/t. Although the drought lowered this year’s crop; the record world yields, lower soybean prices in the region as well as poorer quality of the domestic grain, along with the retrovegetation of soybean in certain areas, further complicated the situation on the domestic market and contributed to the drop in the price of this oilseed. All of this indicates that the next soybean season will suffer the biggest drop in the area.

Feed barley with a specific mass of 60kg was traded at 300,95 €/t.

2022 #44 (07.11.-10.11.)

In the shortened working week on the commodities market, a negative price trend was recorded both on the grain market and on the oilseeds market. The beginning of the week brought reduced demand and higher supply in all markets. In foreign markets, prices fell after the publication of the USDA report, which reflected the restraint of buyers on the domestic market. A total of 3.970 tons of commodities were traded through Produktna berza, which a financial value reaching 1.466.146,65 €. Compared to the previous week, the turnover is lower by 4,2%.

The corn market has noted a lower activity than the previous week. Corn with higher moisture was mostly traded and contracts were concluded from 289,86 to 296,68 €/t. At the beginning of the week, the contract for corn with delivery until the end of February was concluded at 307,76 €/t. As the week progressed, the demand in this market became less and less. Supply of artificial dried corn in the price range from 298,38 to 306,91 €/t did not find their buyer.

Market participants were most active when it came to wheat. This cereal was the most traded in previous days. Since the beginning of the week, there has been a higher supply than demand. Although wheat with a protein of 11,5-12% was the most current one, there was a supply of wheat with a higher protein content. On the demand side, most inquiries were for wheat with a protein of 11,5-12%. This cereal was traded in the price range from 334,19 to 336,75 €/t. The weekly weighted price is 335,47 €/t, which is a decrease of 1,33% compared to the previous week.

A negative price trend was recorded on the soybean market. Since the beginning of the week, there has been noticeably less interest from both buyers and sellers. The price of this oilseed is at its lowest level since July. If we compare with the previous year in this period, there was also a negative price trend. In 2022, soybeans were traded at 630,87 €/t, with the quality calculation, which is also the weighted price. Compared to the previous comparative data, the price is lower by 5,40%.

The contract for feed barley, SRPS quality, was concluded at 297,53 €/t.

This week, a larger supply of fertilizers was also recorded. Although the offer was increased, only one contract was concluded for Russian urea, 600/1, at 810,00 €/t.

Sunflower meal, 33% protein, was traded at 300,09 €/t.

2022 #43 (31.10.-04.11.)

And while grain prices fluctuated on foreign markets due to Russia’s withdrawal from the agreement on the food corridor, in the middle of the week Russia’s return to the agreement on Ukrainian grain led to a noticeable drop in prices on foreign commodity exchanges. In addition to the geopolitical situation, weather conditions are still the main driving force on world markets. On the domestic market, this week there is a lower volume of trading compared to the previous period. A total of 4.145 tons were traded, the financial value of which reached 1.647.383,90 €.

On the corn market, the beginning of the week brought more activity and supply. However, from the middle of the week, the market calmed down and a downward price trend occurred. Artificially dried corn was traded from 299,23 to 309,60 €/t, depending on the aflatoxin analysis. There is still a larger supply of corn with increased moisture up to 16%, which was traded at 289,85 €/t. Compared to the previous week, a price drop of 0,39% was recorded. The weighted price is 301,36 €/t.

Less activity is noticeable on the wheat market. As in the previous week, in the beginning, there was a higher demand compared to the supply, but by the end of the week, the interest of buyers would wane. Most inquiries were for wheat with a minimum of 11,5-12% protein. The contracts were concluded in the price range from 336,74 to 341,00 €/t. At the end of the week, wheat was absent from trading at Produktna berza. The weighted price is 339,98 €/t, which is a decrease of 1,01% compared to the week before.

On the soybean market, there is a larger supply of the old crop, which led to the realization of the contracts in the price range of 682,00 to 686,26 €/t, with the calculation of quality. Buyer interest was very low throughout the week, with a complete withdrawal at the end of the week. The new crop of soybeans was missing from trading, and the supply was at a lower price level, from 647,90 to 656,42 €/t, with the calculation of quality.

Of the other commodities, feed barley was traded at a price of 294,96 €/t. The contract for sunflower was concluded at 575,44 €/t, at the parity FCA, while at the port parity the contract was concluded at 579,70 €/t. The contract for NPK, 16:16:16, CPT buyer, was concluded at 828,54 €/t.