Less activity of commodity exchange participants had impacted a lower turnover on Produktna berza. The prices of agricultural products did not change a lot compared to the previous week. Total turnover was 1.650 tons, while financial value was 644.472,30 €.
During this week on the corn market, there was no major price oscillation. This cereal’s low supply is still present on the market. The beginning of the week brought lower demand, while the buyer’s interest increased since the middle of the week. Corn for prompt delivery was traded from 275,98 to 278,53 €/t. The weighted price was 32,74 €/t, which is a minimal increase of 0,12%, compared to the previous week. There was more interest for corn with augmented moisture, which realization was from 267,49 to 270,89 €/t.
Unlike the previous week, when wheat was the most traded commodity, this week the market calmed down and the price lowered. Contracts were concluded from 294,67 to 301,46 €/t. During the week, the supply surged to a higher price level up to 305,71 €/t, but there were no buyers at that price level. The weighted price was 297,98 €/t, which is a price decrease of 0,47%.
The soybean market was passive compared to the previous period. During the week, buyers and sellers were at different price levels, which led to the conclusion of only two contracts at prices of 696,33 and 700,58 €/t. The weighted price was 699,13 €/t, which is a price fall of 0,29%. At the very end of the week, higher price levels of demand did not result in a contract conclusion.
Contracts for feed barley were concluded at 305,71 €/t.
Compared to the previous week, a sunflower meal marked a price fall and was traded from 373,64 to 378,74 €/t.
Russian UREA, package 500/1 was traded at 900,00 €/t.
Dragana Rajak, broker