2022 #20 (23.05.-27.05.)

The increase in the price of cereals and the absence of soybean from the trade, marked the week behind us on the commodity exchange market. A greater supply of all primary agricultural products continued. A total of 5.250 tons were traded, with a financial value of 1.815.752,78 €.

From the very beginning of the week, a higher supply was noticeable on the corn market. The sellers were at a higher price level compared to the previous week, so corn supply ranged from 285,87 to 290,97 €/t. At the end of the week, the supply of 289,27 €/t did not meet with adequate demand. At the FCA parity, contracts for corn were concluded in the price range from 282,47 to 289,27 €/t. Corn with a higher percentage of moisture was traded from 282,47 to 285,02 €/t. The weighted price for this week was 288,25 €/t, which is an increase of 3,26%.

After a period of greater activity, for the second week in a row, the wheat market was calmer. There is a noticeable increase in supply compared to demand. At the end of the week, the demand for the wheat crop 2021 was absent, while the demand for the new crop was at 340,32 €/t. Contracts were concluded from 357,34 to 374,35 €/t. The weighted price was 368,31 €/t. Despite the increased supply, this cereal recorded a price increase of 6,09%.

Compared to the previous week, when the soybean market was more active, during this week, there was no trade in this oilseed. At the beginning of the week, the supply was at the same price level as the week before, but there was an obvious lack of demand. In the middle of the week, buyers and sellers were at different price levels, so there was no realization of the contract. Demand for soybean was at the price of 650,86 €/t, but the supply was missing, which indicates a drop in the price of this oilseed.

 

Anja Jakšić, Produktna berza

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