On the Euronext/Matif, the wheat contracts again closed with a red sign. The front month of March closed with a closing price of EUR 296.50, down EUR 1.25. With a look at the trading volume of the stock exchange, the upcoming Christmas is slowly but surely becoming apparent. Sales have recently declined slightly. On the local spot markets, only small volumes are moved, only small quantities are traded. For feed wheat frank Südoldenburg, 303 euros per ton is currently being asked, market participants have no expectations that the price structure will change by the turn of the year. Ukrainian grain exports across the Danube have reached a new record. Due to the war, more and more goods are shipped abroad via the Danube. According to government figures, 6.1 million tons have been exported in this way since the beginning of the year, which is 42 percent more than in the previous year. On the CBoT, wheat contracts managed to rebound later in trading. The courses closed with a green sign. An upcoming cold front in the Midwest is raising concerns about the quality of wheat stocks. According to observers, frost resistance is not yet particularly pronounced.The pre-market signs are also green on the eCBoT today.
Source
VR AGRAR
