Extremely low turnover was recorded this week on the commodity market. The almost absence of demand and smaller supply on the market led to a lower volume of trading. The prices of all primary agricultural products recorded a negative price trend. Only 800 tons were traded through Produktna berza, with a total financial value of 275.547,21 €/t. Compared to the previous week, this is 4,5 times less turnover.
At the beginning of the week, corn was traded at 289,83 €/t. The almost absence of buyer interest led to lower price levels on the supply side, and in the rest of the week, corn was traded at 277,05 €/t. At the end of the week, supply at 272,78 €/t did not find a response from buyers. The weighted price was 283,44 €/t, which is a fall of 2,18%.
Statistically, the biggest drop in price was in the wheat market. This grain was traded from 294,09 to 319,67 €/t, depending on the quality. During this week, the demand was augmented for wheat with 10,5% protein. On the supply side, dominant was the wheat with protein higher than 13%. The weekly weighted price was 297,67 €/t, which is a fall of 5,94%.
The soybean market was very calm since the beginning of the week. This oilseed was traded at the lowest level in the past four months. The lack of the bigger interest of buyers and low supply led to a bearish price trend. Contracts were concluded at 588,19 €/t, which represents the weighted price. Compared with the previous week, the price is lower by 2,70%.
Sunflower meal was traded at 296,65 €/t. The contract for feed barley was concluded at 291,54 €/t.