Corn and soybean prices increase marked the last week. From the middle of the week, on the domestic market was noticed more significant activity. Total turnover was 8.379 tons, while financial value was 2.795.842,41 €.
This week, larger interest in buying corn was continued. As in the previous period, this cereal was the most traded commodity with a total quantity of 6.536 tons. Processors and exporters were the buyers. At parity FCA, contracts were concluded from 272,51 to 285,29 €/t. At parity CPT, this cereal was traded at 286,99 €/t. The weighted price was 280,01 €/t, and compared to the previous week, this cereal marked a price increase of 3,59%.
The news about the abolition of export quotas influenced the increase in activity on the wheat market. The participants are still focused on the purchase of wheat by the Republic Directorate for Commodity Reserves, and so far, 108.000 tons have been offered. On the commodity exchange market, as the week progressed, demand increased. Contracts were concluded in the price range from 293,80 to 315,09 €/t, depending on the quality parameters. Statistically, wheat is recording a drop in price. The weighted price for this week was 300,19 €/t, which is a decrease of 2,08%.
The biggest price increase was recorded for soybeans. Since the beginning of the week, supply has been at a much higher level. The highest offered price was 681,28 €/t, with quality calculation. Although the supply has increased, interest in buying on the other hand was quite low. Contracts were concluded in the price range from 638,70 to 664,25 €/t, with the quality calculation, and the buyers were domestic processors. The weighted price was 651,47 €/t, which is an increase of 7,75%.
Compared to the previous week, when barley price marked a bearish trend, this week’s positive price trend was noticed. Feed barley, SRPS quality, was traded from 272,51 to 276,77 €/t, while barley with a specific mass of 50kg was traded at 266,55 €/t. The weighted price was 274,64 €/t, which is an increase of 4,26%.
Rapeseed with deferred payment was traded at 630,00 €/t.
Fertilizer NPK 10:26:26, package 600/1 was traded at 925,00 €/t.