The wheat price decrease, first concluded forward contract for wheat crop 2021, soybean price increase and corn price stagnation marked the events on Produktna berza in Novi Sad. Total turnover amounted to 2.240t of commodities, which financial value was 730.026,89€.
Wheat recorded a sharp decline. Wheat price was in the narrow price range from 182,86€ to 183,71€/t. The first forward contract for wheat crop 2021 was concluded at the price of 170,10€/t, with delivery from 1st July to 31st July 2021. The weighted price was 183,62€/t. Compared to the previous period, the price is lower by 5,31%.
Corn maintained the level from last week without significant oscillation. Corn with clause CPT buyer was traded at 198,16€/t, while the corn with higher moisture up to 18% was traded at prices from 185,41€/t to 188,81€/t.
After the short stagnation, the soybean marked positive trends again. Soybean grain was traded in the price range from 561,32€/t to 574,08€/t. The forward demand for soybean crop 2021 at 415€/t, with delivery and payment from 1st September to 15th October 2021 did not result in realization. The weighted price was 568,64€/t. In comparison with previous data, the price oscillated +1,10%.
Feed barley crop 2020 was traded at 194,76€/t.
Sunflower meal, with a minimum of 33% protein, was traded in the narrow price range from 292,57€/t to 293,42€/t.
The demand for sunflower new crop 2021 at prices from 400€/t, with delivery during the harvest, did not result in a contract conclusion.