The beginning of the year brings a strong price increase of primary agricultural products – corn, wheat and soybeans. The price rise was accompanied by an increased volume of turnover on the Produktna berza in Novi Sad. The leading grain, according to the price rise, was corn with over 12%. The total turnover for this week amounted to 8.057t of goods and financial value amounted to 1.826.005,34 €.
Compared to the end of the year, when the market calmed down, the beginning of the year brings a strong corn price increase. Contracts were closed from 165,49€ to 185,01€/t. The highest achieved price of this grain, on the parity CPT buyer, was 188,41€/t. The cause of the growth in the domestic market is a direct consequence of events in foreign markets. The weighted price was 178,73€. Compared to the previously observed period, the price is higher by 12,05%.
Wheat was not as an attractive commodity in the trade as corn. Wheat was traded between 186,71€ and 192,65€/t. The weighted price was 189,09€. Compared to the previous comparative period, the price is higher by 6,57%.
Last week, increased soybean demand from domestic traders has constantly moved this oilseed price. Soybean contracts were closed in the price range from 458,28€ to 487,99€/t. The weighted price was 474,32€, which is an increase of 7,49%. Increased soybean demand continued at the end of the week.
Sunflower meal, with minimum 33% of protein, was traded at a single price of 263,09€/t. However, demand at the end of the week was at slightly higher prices.
Soybean meal, with minimum 44% of protein, was traded at 521,93€/t.
Feed barley was in a narrow price range between 173,98€ and 176,52€/t. The weighted price was 175,93€.
UREA, Russian, package 25/1, was realized at prices from 290,25€/t for the parity FCA to 311,46€/t for the parity CPT.