Pre-opening 03/03/2025
Paris Chicago
Wheatunchanged to +€1/t+ 6 cents
Cornunchanged to +€1/t+ 1 cent
Rapeseed- 1 €/t
Soybean+ 2 cents
Indexes 28/02/2025
€/$1,0411 $
Oil WTI69,76 $/b

Wheat (€/t)
Mars 25221,75+1,25
Mai 25229,00+1,25
Sept. 25230,25+0,75
Déc. 25236,75+1,00
Mars 26241,00+0,75
Corn (€/t)
Mars 25220,75+1,00
Juin 25217,25-2,00
Août 25222,50-1,25
Nov. 25218,25+0,25
Mars 26221,00-1,50
Rapeseed (€/t)
Mai 25532,75-5,25
Août 25498,50-3,75
Nov. 25499,75-4,50
Févr. 26500,25-5,00
Mai 26499,75-4,75

28/02/2025

Wheat (€/t) : 4594 lots
LotsTypeStrike
60Call Mai 25225,00
100Call Mai 25230,00
2Call Mai 25242,00
1200Call Sept. 25235,00
1Call Sept. 25251,00
100Call Sept. 25255,00
1200Call Sept. 25265,00
3Call Déc. 25237,00
2Call Déc. 25240,00
100Call Déc. 25290,00
6Call Mai 26245,00
5Put Mai 25210,00
515Put Mai 25220,00
1200Put Sept. 25220,00
100Put Sept. 25235,00
Corn (€/t) : 5 lots
LotsTypeStrike
5Put Juin 25220,00
Rapeseed (€/t) : 160 lots
LotsTypeStrike
50Put Mai 25450,00
35Put Mai 25460,00
50Put Mai 25470,00
1Put Mai 25535,00
24Put Août 25480,00

Wheat (¢/b)
Mars 25546,7500+6,7500
Mai 25562,5000+5,7500
Juil. 25576,7500+5,5000
Sept. 25592,0000+5,5000
Déc. 25611,5000+5,7500
Corn (¢/b)
Mars 25464,7500-1,5000
Mai 25481,0000-0,5000
Juil. 25486,7500-0,5000
Sept. 25459,7500-0,7500
Déc. 25461,7500-0,7500
Soybean (¢/b)
Mars 251022,7500-0,2500
Mai 251037,2500+0,5000
Juil. 251052,0000+0,2500
Août 251050,5000+1,0000
Sept. 251037,5000+0,5000
Soy meal ($/st)
Mars 25290,9000+1,8000
Mai 25300,2000+0,8000
Juil. 25307,5000+0,7000
Août 25309,8000+0,7000
Sept. 25311,1000+0,4000
Soy oil (¢/lb)
Mars 2544,7500+0,0400
Mai 2545,3500+0,1300
Juil. 2545,6700+0,1400
Août 2545,6100+0,1200
Sept. 2545,4700+0,1200

03/03/2025

Physical (€/t)
You can now find the prices for the Wheat delivered Rouen - (July basis) in the Argus AgriMarkets report
FIND OUT MORE HERE >>
Durum wheat delivered La Pallice Spot - July 2024 basis290,00-10,00
Corn delivered Bordeaux Spot - July 2024 basis208,00-2,00
Corn FOB Rhin Spot - July 2024 basis222,00-2,00
Feed barley delivered Rouen - July 2024 basis204,50+1,00
Malting barley FOB Creil Spot - July 2024 basis229,00-2,00
Rapessed FOB Moselle Spot - Flat - 2024 harvest533,00-5,00
Oleic sunseed delivered St Nazaire Spot - Flat - 2024 harvest655,00+0,00
Feed peas FOB Creil Spot - August 2024 basis300,00+0,00
Analysis 03/03/2025

European market

The markets remain very volatile on Euronext. The end of last week confirmed this. After losing nearly €8/t since the beginning of the week, the May 2025 wheat contract attempted to rebound. It was a difficult task due to the continued decline observed in Chicago. Thus, with a modest rebound of +€1.25/t to €221.75/t, the key support level of €220/t is saved for the moment.

Corn, which managed to consolidate midweek, eventually broke down on Friday under the bearish influence of its counterpart in Chicago. Thus, the June 2025 contract lost €2/t to €217.25/t at the close.

Finally, rapeseed suffered significant profit-taking at the end of the week. The May 2025 contract closed with a decline of -€5.25/t to €532.75/t after testing the major resistance level of €540/t once again. Rapeseed is suffering in sympathy with the decline in Canadian canola, which is itself exposed to potential upcoming tariffs in the United States.

On the international scene, Tunisia reportedly bought only 25,000 tons of milling wheat, while 65,000 tons of feed wheat were purchased in South Korea.

American market

The wave of massive sales continued on Friday in Chicago, with a sharp decline across all products. In wheat and corn, the increase in 2025 acreage reported by the USDA during its annual AG Outlook Forum is a reason for additional sales.

Concerns remain high about the implementation of tariffs by the Trump administration with Mexico and Canada, and an additional 10% increase in tariffs on Chinese products.

The main feared retaliations are a halt in US corn purchases by Mexico and a halt in US soybean purchases by China.

In this context, funds continue to liquidate their long positions, primarily affecting corn, where funds previously held a long position close to record levels.

Black Sea market

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