A much higher supply of all primary agricultural products was recorded throughout the week on the commodity exchange market. Wheat was recording a price rise and a new price maximum, while on the other hand, the prices of corn and soybean were falling. Total turnover was 4.380 tons of commodities, and financial value amounted to 1.906.751,73 €.
On the corn market, an increased supply was noticeable from the beginning of the week, while buyers were less interested in buying. At the beginning of the week, the supply ranged from 286,58 to 293,38 €/t, and due to lower demand, there was a negative price trend. At the end of the week, the corn price was lower, from 278,93 to 280,63 €/t. Contracts were concluded in the price range from 280,63 to 289,13 €/t. The weighted price was 283,43 €/t, which is a price drop of 1,98%, compared to last week. Corn with an increased percentage of moisture was traded from 282,33 to 286,58 €/t.
This week, wheat had the largest share in trading on Produktna berza. Increased activity on this market, compared to the previous period, had led to a new price record for this grain. The trading started at the price of 335,90 €/t, and as the week went by the supply reached a higher price level. The highest offered price was 348,66 €/t, however, at this price level, there was no realized contract. At the end of the week, the realized contracts reached the price of 344,41 €/t, which is the highest price for wheat crop 2021. Compared to the last week, this cereal recorded a price increase of 1,14%. This week’s weight price was 341,77 €/t.
On the other hand, unlike the cereals market, the soybean market was declining as the week went by. At the beginning of the week, soybeans were traded at a price of 697,32 €/t, while the supply reached higher price levels. However, demand at a much lower price level than supply indicated a downward trend in this oilseed price. Contracts were concluded at a lower price level compared to the beginning of the week from 671,81 to 680,31 €/t. Soybeans at parity CPT were traded at 703,27 €/t. At the very end of the week, on soybean market was noted complete passivity. The weighted price was 681,67 €/t, which indicated a negative trend -4,46%, compared to the last week.
Anja Jakšić, Produktna berza