The contracts on the Matif included yesterday up to and including August 2023 and the same closing price of EUR 339.75, only the November date is slightly lower at EUR 339.00. The corn harvest, which is slowly coming to an end, is showing up in many places in the north better than initially expected. Locally there is even talk of an average harvest. In the south of Germany, more and more shops for corn are running. However, this applies above all to prompt deliveries, for later dates both buyers and sellers usually do not want to commit themselves. Small gains were reflected in CBoT corn trading yesterday. Although wheat prices provided support, the US ethanol production, which had fallen significantly again, weighed on the mood. With a daily production volume of 855,000 barrels, the lowest production level for 19 months has been reached. Pre-market, there are also slightly green signs today.
Source
VR AGRAR
