2021 #17 (05.05.-07.05.)

Last week at Produktna berza marked a corn price increase and first concluded forward contract for new crop wheat. Total turnover was 5.377t of commodities, which financial value amounted to 1.511.580,06€.

Corn was the most dominant commodity in trading, followed by a price increase due to augmented demand. Corn was traded at the price range from 221,12€/t to 231,33€/t. A historical maximum of 232,18€/t was marked last time in September 2012. The weighted price was 228,44€/t. Compared to the previous week, the price is higher by 5,59%.

The first forward contract for wheat 2021 with delivery from 1st to 31st July 2021, was concluded at the price of 178,60€/t. Wheat with lower protein, minimum 10,5%, crop 2020, was traded at the price of 195,61€/t. However, demand for wheat medium and high quality at a price of 204,11€/t did not result in the contract conclusion.

After the constant growth, soybean marked a price correction. The highest soybean price was marked in April and amounted to 724,60€/t, while this week soybean was traded at the price of 714,40€/t, which represents the weighted price.

Sunflower meal with a minimum of 33% protein was traded at a price of 314,68€/t.

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