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