23.
12.14
12:21

The CFTC data for wheat and maize from 16 December 2014

In the reporting week to the 16.12.2014 the net-long positions and the corresponding courses at the exchanges put the Chicago wheat. The net long positions rose to 10.642 contracts to total 15.294 net long positions. Current prices climb in Paris in direction of 200 euro per tonne and in Chicago, they are converted only 12 euros per tonne lower.

It's been crazy, but nice crazy for the (corn) farmers. "World politics" can be the agricultural raw material prices "explode". The West wants to seem to attack Putin in which "force knee" and the trade restrictions. The ruble is rolling in the basement and the declining oil prices bring Russia's State budget in the. The stock market speculators get in droves from the oil futures from (sales equal to falling prices) and invest in the relatively safe commodity futures (purchase equal to rising prices). Thus the current development of course little to do with the fundamental data, it his unless you believe Putin's announcement that he wants to export less wheat. Supposedly he wants to produce inter alia "own" flesh and tired to make his countrymen. But where will he build so quickly the stables, where the animals and the Know-How to get? And anyway: on the world grain market that has little effect, because the mast crops, used in Russia needed the West for export meat of less. And also: it is more likely that the Russians for further sustained oil price development consume less meat (and thus grain) because the ruble no longer as rolls. So: From these arguments, grain prices will benefit in the short term and in the long run, less and issued them in the danger of the falling oil prices "to be rather contracted". There are valid reasons for a weaker harvest in 2015 and for a rather the lack in this year of wheat qualities, the late USMaisernte and the weak Russian wheat stocks (if not as clear) price increase. The risk of inflation is currently the goods retain the Russian agricultural producers. So much is (in the after it) was explained, and is but unpredictable. Right, however, remains: A subset of marketing and less extreme speculation, either in one direction or the other. On the local spot market, currently a few sales are made so that the also dressed cash prices of rather nominal species are. Yet and maybe not so clumsy to part sales, the current situation and the degree of marketing the crop use some farmers 2014 and 2015 coming harvest rises. In any case - who would have hoped to and not only that months ago – the "stock market bubble" draws producer prices again in the height. You should but remember: only if you are selling something in the wallet get away.

In the reporting week to the 16.12.2014 the net-long positions and the corresponding courses at the stock exchanges put in at the Chicago corn also. The net-long positions rose by 5.976 contracts to a total 236.170 net long positions. Current prices climb in Paris in direction of 160 euro per tonne and in Chicago, they are converted only 30 euros per tonne lower.

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