In the week behind us, trading on the Commodity Exchange remained at last week’s level. Cereal prices did not show major changes compared to last week, while the prices of oilseeds recorded an increase. In total, 4,743 tons of goods were traded (-0.4%), while the financial value reached € 1,675,702.55 (+0.50%).
On the corn market, there is a higher supply compared to demand. From the middle of the week, the market completely calms down and there is no demand. Sales contracts were concluded in the price range from 295.73 €/t to 298.29 €/t without VAT. The weighted price was 296.58 €/t without VAT. Although the price has stabilized, statistically corn is 2.2% more expensive compared to the previous week.
Wheat offers at the very beginning of the week were weak and at higher price levels than demand. As the week progressed, the quantities offered with prompt delivery increased. The structure of customers was mainly made up of traders. Sales contracts were concluded in the price range from 306.81 to 308.51 €/t without VAT. Compared to the data from the previous week, the price of wheat rose by 0.25%
Compared to the previous week, the price of soybeans recorded an increase due to the uncertainty of the quality and yield of the new crop and the absence of the supply of last year’s crop. Realization of contracts on FCA ranged from 664.75 to 686.91 €/t without VAT, with the calculation of quality. The weight was 674.21 €/t, which is an increase of 3.0%.
Feed barley (with hl 53-60) was traded at a price of 283.80 to 289.76 €/t without VAT. The weekly weight is 288.91 €/t.
In addition to the above-mentioned goods, triticale for animal feed was also traded at a price of 276.98 €/t without VAT.