The rise of corn and soybean prices and the stable price level of wheat were current movements on the market scene of primary agricultural products in the past week. The total turnover amounted to 4.725 tons, while financial value amounted to 1.974.137,30 €.
Corn had an upward trend over the past week. Due to the seller’s restraint, the supply of larger quantities was missing. This cereal had a constant growth during the week, so the price ranged from 221,97 to 223,67 €/t, at FCA parity. At the end of the week, demand at a higher price level than realized did not result in the contract conclusion. At CPT parity, it was traded from 226,22 to 228,77 €/t. Corn with an increased percentage of moisture was traded at a price of 216,87 €/t. The weighted price was 222,99 €/t, which is an increase of 2,48%.
Soybean was the most sought-after commodity on the market. Increased demand from domestic processors and traders, which has been present since the middle of last week, has led to an upward trend of 2,50%. After a long time, larger quantities of this oilseed were concluded from 629,34 to 635,29 €/t, with quality calculation. The weighted price was 633,25 €/t. Compared to the previous data; soybean price increased by 2,56%.
The stable price level was registered on the wheat market. At the beginning of the week, trading was at the price level of 267,89 €/t, and at the end of the week, all contracts were concluded at a price of 263,64 €/t. Price changed compared to the previous week, within only +0,27%. The buyer’s structure consisted of traders, while on the other hand the interest of exporters and domestic processors was not emphasized for purchases. The supply was higher than the demand. The weighted price was 265,17 €/t.
Verica Popov, broker