24.
10.22
09:31

Daily gains in corn - stable spot market

On the Paris stock exchange, corn rose on Friday and closed the trading week in the front month, which was about to end, at a price of 334.25 euros/t. Prices on the spot markets in Germany have recently been stable. For corn fot. Brake are quoted unchanged at 335 euros/t. Prices between 334 and 335 euros/t can still be heard from south-west Germany. Many trading participants are concerned about the situation in Ukraine. At an event in Berlin, the chairman of the agricultural association "Ukrainian Agribuisness Club" expressed concern about the future of agriculture in his country and predicted that Ukraine could fail as an exporter in the coming year due to hostilities and mined fields. On the CBoT, corn contracts initially rose sharply, but profit-taking and hedging ahead of the weekend resulted in contracts closing largely mixed and flat. Pre-market today, Monday, saw slight price losses for corn in Chicago.

Source
VR AGRAR
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