Last week, the prices recorded bearish trends on Produktna berza in Novi Sad. The trends were followed by lower trade volume, while the soybean was the most traded commodity again. The total turnover for this week amounted to 1.485t, which financial value amounted to 626.712,66€.
Logistical problems, the drop in the value of the dollar against the euro, as well as events on world commodity exchanges are the causes of the negative trend in the corn market. On the domestic market, contracts were closed at the unique price of 161,59€, which at the same time represent the weighted price for this week. Compared to last week, price is lower 2,46%.
The wheat supply at 178,60€ did not result in the closure of contracts on the commodity exchange market. The low activity of exporters in the wheat market and therefore the low demand for this grain continues.
At the beginning of the week, soybean had a positive trend, while at the end of the week it recorded a negative trend. Soybean was traded in the price range from 433,75 to 446,50. The weighted price amounted 441,66€, which is a decrease of 0,49% compared to the previous period.