2021 #25 (28.06.-02.07.)

The first concluded contracts for wheat crop 2021, the rise in the price of barley and rapeseed marked this week on Produktna berza. The total turnover amounted to 2.774 tons of commodities, whose financial value amounted to 727.497,20€.

The wheat harvest has begun. The biggest interest was in buying this cereal. The first contracts for the crop 2021, with a minimum of 12% protein and a clause “free stock” until 31st July, were concluded in the price range from 176,92€/t to 178,62€/t. When we compare the wheat price in the same period last year (148,85€/t) an increase of 19,43% was recorded. The absence of demand for last year’s wheat is noticeable on the domestic market and the supply is at the price level of 204,14€/t.

At the very beginning of the week, there was no demand for corn. After the release of data on sown areas and the stock size on Wednesday, prices rise in Chicago. On the domestic market was an increased demand, after the strong growth recorded since the middle of the week. The contracts were realized in the price range from 212,65€/t to 214,35€/t with the takeover of commodities during July. However, on the last day of this week, demand at a higher price level than realized did not result in the conclusion of a contract. The weighted price was 212,90€/t.

On the soybean market, without significant changes, complete passivity continues. During the past week, no sales contract was registered, due to lack of demand.

At the beginning of the week, the barley price increased. The contracts were realized in a very narrow price range from 171,82€/t to 172,67€/t. At the end of the week, barley had a downward trend and trading was at the level of 165,86€/t to 166,71€/t. Compared to the previous week, an increase of 1,99% was recorded.

In the foreign market, rapeseed has shown strong growth since the beginning of the week, which has been reflected on the domestic market. Rapeseed prices are recovering from the recent downward trend supported by the situation with Canadian canola. At the end of the week at Euronext, rapeseed was favored by buyers, the contract approached the highest level from June. The contract on the CPT parity was realized at the price of 512€/t.

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