Due to the holidays, less working days this week also had an impact on the lower realized turnover on the commodities market. Increased demand for cereals is noticeable, while soybeans are absent from trading this week as well. A total of 1.804 tons were traded, the financial value of which reaches 487.282,65 €. Compared to the previous week, when there was an increase in both quantitative and financial turnover, this week brought a 35% drop.
Smaller lots were traded on the corn market. Compared to the previous period, there is a greater buyer’s interest in this cereal. Corn was traded in the price range from 234,39 to 238,65 €/t. The weighted price is 237,45 €/t, which is statistically lower by 1,8% compared to the previous week. The contract for corn with moisture up to 16% was concluded at a price of 225,86 €/t.
As during the previous week, wheat recorded primacy in trading. Contracts for this commodity were concluded in the price range from 241,20 to 242,06 €/t. Only wheat with a minimum of 12% protein was traded. The weighted price is 241,97 €/t, which is an increase of about 1% compared to seven days earlier.
There is a complete lack of demand on the soybean market, which has resulted in soybeans being absent from commodity exchange trading for the third week. The sellers were also more restrained in their offers this week, so offers of 566,79 €/t, for soybeans with quality calculation, did not result in the contract conclusion.
Of the other goods, sunflower meal with 33% protein was traded at 332,40 €/t. This commodity has a constant increase in price and compared to the previous week, the price is higher by 3,8%.