Two weeks before the calendar year’s end, an increased turnover volume is recorded on the commodity exchange market. All primary agricultural products continued the negative price trend from the previous week. A total of 4.080 tons of commodities were traded, the financial value of which reached 1.359.223,09 €, which is a growth of 70,11%. Although volume turnover is increasing, there is weak demand on the market.
In the corn market, both buyers and sellers had less activity compared to the previous period. Since the beginning of the week, there has been a higher supply than demand. The withdrawal of buyers from stock market trading led to a drop in the price of this grain to the levels of July this year. This kind of market dynamics also affected the smaller share of corn in the total turnover. At the beginning of the week, corn was traded at a price of 272,71 €/t, due to the negative price trend, the realized price reached the level of 264,18 €/t. Compared to just seven days earlier, this is a drop of 2,72%. The weighted price is 267,00 €/t. When we compare with the same period of the previous year, there was also a noticeable downward price trend, but the current price is 22% higher than last year.
Wheat maintained its primacy in trading during this week as well. The most interest on the market was expressed for wheat with a higher protein content of 13%. Depending on the quality parameters, wheat was traded in a wide price range, from 276,97 to 289,75 €/t. Contracts for wheat with a minimum of 11.5% protein and takeover in January/February were concluded at 276,97 €/t. The weekly weight is 286,60 €/t. Compared to a week earlier, the price is lower by 2,2%.
A slightly higher activity compared to the previous week was recorded in the soybean market. Since the beginning of the week, there have been price fluctuations of this oilseed, so at the beginning of the week, the contract was concluded at 545,41 €/t, with the calculation of quality. During the week, the price reached last week’s level of 553,93 €/t, but at the end of the week, the contracts were realized at lower prices. The weighted price for this week is 547,54 €/t, which is a decrease of 1,15% compared to the previous week. This price trend was recorded last year as well, when due to weak demand, the price of this oilseed decreased. However, compared to the previous year, the current price of soybeans is lower by 11,8%.
Supply of feed barley with a specific mass of 60kg at a price of 289,75 €/t did not meet with a response from buyers during this week.