Positive price trends of primary agricultural products have continued since the beginning of the year, although there has been a reduced trading volume on Produktna berza in Novi Sad. In addition to corn, wheat and soybeans, there is great interest in mineral fertilizers, given that the time of winter crops fertilising is approaching. The total turnover for this week amounted to 2.240t of commodities, which financial value amounted to 706.461,51€.
During the last week, corn was traded at the price range between 187,11€ and 191,36€/t, while the commodities delivered to the port were paid 193,06€/t. On the international market, China has continued to buy corn. The weighted price was 187,96€/t. Compared to the previous week, the price is higher 1,75%.
Wheat has remained at almost the same price level since last week. Wheat was traded at 199,87€/t, which is also a weighted price. Compared to the previous data, the price oscillated minimally -0,35%. The main news from the foreign market related to wheat comes from Russia, which confirmed the introduction of export duties for commodities from June this year.
After a turbulent period, we can say that this week, the soybean price has stabilized. Soybean grain was traded in a very narrow price range from 506,04€ to 508,59€/t. The weighted price was 506,47€/t. Statistically, compared to the previous week, the price was higher by 2,02%.
UREA was traded at 330,93€/t, while the commodities delivered to the buyer were realized at 335,01€/t.
Artificial fertilizer AN was realized at 240,69€/t.