On the cereal market, supply is lower than demand, while soybeans are absent from stock market trading. The price of wheat recorded an increase after a period of a constant downward trend. Compared to the previous week, the trading volume is currently 19,3% lower. A total of 3.293 tons were traded, with a total financial value of 1.028.838,05 €.
On the corn market, the negative price trend has continued. There is a slight lack of interest from sellers, which affects the trading volume of this grain. A lower supply compared to demand has been recorded since the beginning of the week, which influenced the further price drop compared to last week. Corn was traded from 260,86 to 267,68 €/t, depending on whether the commodity has been analyzed for aflatoxin. The weighted price for this week is 264,36 €/t, which is a decrease of 1,02% compared to the previous week.
After a constant price drop since the beginning of the month, a positive price trend was recorded on the wheat market. The offer has been extremely weak since the beginning of the week, while the interest of buyers was mostly for wheat with a protein of 11,5 to 12%. In total weekly trading, wheat is still the most traded in terms of volume. The contracts were concluded in the price range from 278,76 to 294,11 €/t, depending on the quality parameters. The weighted price is 291,64 €/t, which is an increase of 1,63% compared to the previous week.
Soybeans are absent from trading this week. The interest of buyers was somewhat higher compared to the offer, which is almost absent from the market. The demand was constantly at a lower price level in relation to the price level of the sellers, and due to the price spread and less interest of the sellers in the sale of this oil plant, no contract was concluded on the commodity market.
Sunflower meal with 33% protein was sold in the price range of 285,58 to 288,14 €/t. The supply of this meal until the end of the week was at a lower price level than the closed one, at 281,32 €/t, which indicates a drop in price.
The contract for fodder barley, with a specific mass of 60kg and delivery to the customer, was realized at a price of 294,11 €/t.
At the end of the week, a small amount of AN mineral fertilizer was traded at a price of 722,40 €/t.