Prices on Matif and CBoT are again very volatile today. In the front month of May 22, wheat on the Euronext/Matif ranged between the high and low of EUR 32.25 per ton. Wheat is currently (3:52 p.m.) quoted for May 22 at EUR 385.75, EUR 15.75 higher than yesterday. However, the strong increase is not reflected in the following delivery months. The December contract is currently in the red with a daily change of 2.75 euros/t. Wheat prices on the CboT are falling very significantly today. The front month of May is deep red in the red with a daily loss of currently 76.50 US cents per bushel. Soybeans are up slightly today in the demand dates is a current daily plus of 8 US cents/bu. Corn on the CBoT shows slight losses throughout, while the contracts on the Matif are traded inconsistently. The rapeseed contracts on the Matif are also showing slight losses today. The trading margins are also far apart today for the front date of the rapeseed futre. The lowest price for the May date was 869.00 euros/t, the price peak was recorded at 908.25 euros/t.
Source
VR AgrarBeratung AG
