Lower activity of participants, especially in demand, has led to a downward price trend. There was also a reduced trading volume, which this week reached 1.850 tons (-64,76%) while financial value was 740.214,10 €.
As in the previous week, on the corn market was noticed a higher supply compared to demand. At the beginning of the week, contracts were concluded at a price of 279,29 €/t. As the week went by, the low interest of buyers led to a drop in prices, and at the end of the week, a contract was concluded at 272,48 €/t. The weighted price was 277,76 €/t, which is a price fall of 3,73%.
After a period of growth, wheat recorded a drop in price this week. Reduced buyer activity impacted a negative price trend. During this week, the news from the world market about the negotiations between Russia and the United Nations on the permission to export commodities from the Black Sea basin influenced the downward trend in the world commodity exchanges, which was reflected in the domestic market. Contracts for wheat were concluded from 357,63 to 361,89 €/t. At the end of the week, the supply was at an even lower price level than the realized ones. The weighted price was 361,72 €/t, which is a drop of 1,88%.
The activity in soybean market continued to be weak. Very low supply, but also even weaker interest from buyers led to a negative price movement. At the beginning of the week, contracts were realized from 647,14 to 653,10 €/t. During the week, supply on a higher level than realized did not meet demand. The weighted price for this week was 650,04 €/t. which is a decrease of 3,36%.
Feed barley, crop 2021, was traded at a price of 326,13 €/t.
Sunflower meal, with 33% protein, was traded at 326,13 €/t. At the end of the week, the supply was at a lower price level.
Anja Jakšić, Produktna berza