| Paris | Chicago | |
|---|---|---|
| Wheat | -1 €/t | - 11 cents |
| Corn | -1 €/t | - 4 cents |
| Rapeseed | -1 €/t | |
| Soybean | - 7 cents |
| €/$ | 1,0744 $ |
| Oil WTI | 78,11 $/b |
| Wheat (€/t) | |||
|---|---|---|---|
| Mai 24 | 209,75 | +0,00 | |
| Sept. 24 | 235,00 | +2,00 | |
| Déc. 24 | 241,00 | +1,50 | |
| Mars 25 | 244,00 | +1,00 | |
| Mai 25 | 246,50 | +0,75 | |
| Corn (€/t) | |||
|---|---|---|---|
| Juin 24 | 202,00 | +0,25 | |
| Août 24 | 207,75 | +1,00 | |
| Nov. 24 | 210,00 | +1,25 | |
| Mars 25 | 214,25 | +0,50 | |
| Juin 25 | 215,00 | +0,00 | |
| Rapeseed (€/t) | |||
|---|---|---|---|
| Août 24 | 469,75 | +2,25 | |
| Nov. 24 | 476,25 | +2,25 | |
| Févr. 25 | 479,50 | +1,75 | |
| Mai 25 | 480,25 | +3,25 | |
| Août 25 | 472,00 | +2,25 | |
03/05/2024
| Wheat (€/t) : 8855 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 144 | Call Sept. 24 | 203,00 | |
| 144 | Call Sept. 24 | 223,00 | |
| 1 | Call Sept. 24 | 229,00 | |
| 1 | Call Sept. 24 | 233,00 | |
| 80 | Call Sept. 24 | 235,00 | |
| 201 | Call Sept. 24 | 240,00 | |
| 100 | Call Sept. 24 | 245,00 | |
| 1030 | Call Sept. 24 | 250,00 | |
| 50 | Call Sept. 24 | 255,00 | |
| 100 | Call Sept. 24 | 270,00 | |
| 38 | Call Déc. 24 | 239,00 | |
| 2182 | Call Déc. 24 | 240,00 | |
| 40 | Call Déc. 24 | 242,00 | |
| 40 | Call Déc. 24 | 255,00 | |
| 2200 | Call Déc. 24 | 260,00 | |
| 80 | Call Déc. 24 | 265,00 | |
| 500 | Call Déc. 24 | 290,00 | |
| 1 | Call Déc. 24 | 300,00 | |
| 6 | Call Mars 25 | 245,00 | |
| 6 | Call Mars 25 | 265,00 | |
| 60 | Put Sept. 24 | 185,00 | |
| 400 | Put Sept. 24 | 190,00 | |
| 400 | Put Sept. 24 | 205,00 | |
| 130 | Put Sept. 24 | 210,00 | |
| 50 | Put Sept. 24 | 215,00 | |
| 220 | Put Sept. 24 | 220,00 | |
| 40 | Put Sept. 24 | 225,00 | |
| 40 | Put Sept. 24 | 230,00 | |
| 1 | Put Sept. 24 | 231,00 | |
| 80 | Put Sept. 24 | 235,00 | |
| 45 | Put Sept. 24 | 240,00 | |
| 150 | Put Déc. 24 | 215,00 | |
| 36 | Put Déc. 24 | 220,00 | |
| 20 | Put Déc. 24 | 228,00 | |
| 40 | Put Déc. 24 | 230,00 | |
| 125 | Put Déc. 24 | 235,00 | |
| 2 | Put Déc. 24 | 240,00 | |
| 10 | Put Déc. 24 | 241,00 | |
| 25 | Put Mars 25 | 233,00 | |
| 2 | Put Mars 25 | 235,00 | |
| 25 | Put Mars 25 | 240,00 | |
| 10 | Put Mars 25 | 244,00 | |
| Corn (€/t) : 5 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 5 | Put Nov. 24 | 210,00 | |
| Rapeseed (€/t) : 4 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 1 | Call Août 24 | 480,00 | |
| 1 | Put Nov. 24 | 450,00 | |
| 1 | Put Nov. 24 | 470,00 | |
| 1 | Put Nov. 24 | 475,00 | |
| Wheat (¢/b) | |||
|---|---|---|---|
| Mai 24 | 606,0000 | +19,5000 | |
| Juil. 24 | 622,5000 | -6,2500 | |
| Sept. 24 | 643,0000 | -5,7500 | |
| Déc. 24 | 668,5000 | -5,2500 | |
| Mars 25 | 688,2500 | -5,0000 | |
| Corn (¢/b) | |||
|---|---|---|---|
| Mai 24 | 447,0000 | +1,5000 | |
| Juil. 24 | 460,2500 | -1,2500 | |
| Sept. 24 | 469,2500 | -1,7500 | |
| Déc. 24 | 482,7500 | -2,0000 | |
| Mars 25 | 495,2500 | -2,0000 | |
| Soybean (¢/b) | |||
|---|---|---|---|
| Mai 24 | 1201,7500 | -4,7500 | |
| Juil. 24 | 1215,0000 | -2,0000 | |
| Août 24 | 1215,5000 | -3,0000 | |
| Sept. 24 | 1200,2500 | -3,2500 | |
| Nov. 24 | 1201,0000 | -2,7500 | |
| Soy meal ($/st) | |||
|---|---|---|---|
| Mai 24 | 366,5000 | -0,5000 | |
| Juil. 24 | 372,2000 | -0,9000 | |
| Août 24 | 371,6000 | -1,2000 | |
| Sept. 24 | 371,2000 | -1,1000 | |
| Oct. 24 | 370,8000 | -1,4000 | |
| Soy oil (¢/lb) | |||
|---|---|---|---|
| Mai 24 | 42,4200 | -0,2400 | |
| Juil. 24 | 43,0800 | +0,4300 | |
| Août 24 | 43,3400 | +0,4000 | |
| Sept. 24 | 43,5400 | +0,3600 | |
| Oct. 24 | 43,6800 | +0,3300 | |
06/05/2024
| 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 basis | 315,00 | +0,00 | |
| Corn delivered Bordeaux Spot - July 2023 basis | 198,00 | +3,00 | |
| Corn FOB Rhin Spot - July 2023 basis | 196,00 | +3,00 | |
| Feed barley delivered Rouen - July 2024 basis | 207,00 | +7,00 | |
| Malting barley FOB Creil Spot - July 2024 basis | 269,00 | +0,00 | |
| Rapessed FOB Moselle Spot - Flat - 2024 harvest | 469,00 | +3,00 | |
| Oleic sunseed delivered St Nazaire Spot - Flat - 2023 harvest | 410,00 | +0,00 | |
| Feed peas FOB Creil Spot - August 2024 basis | 260,00 | +0,00 | |
Events
European market
Last week ended on a very firm note, wiping out the few corrections of the previous few days. Euronext December 2024 wheat closed at a new 6-month high of €241/t, while Euronext November 2024 corn closed at €210/t, a 5-month high. Rapeseed also closed at a 7-month high, just one tick below €470/t for August 2024.
As for the weather, there are many excesses in strategic areas for cereal and oilseed production: Western Europe, the US Corn Belt and southern Brazil are being hit by excessive rainfall, while southern Russia remains in water deficit.
According to FranceAgriMer, the condition of soft wheat in France has remained stable over the past week, with 63% in "good to very good" condition, well below the 93% recorded last year. Durum wheat lost 1 point over the week to 66% "good to very good", which remains below last year's 88%. Winter barley remains stable at 66% "good to very good" compared with 91% in 2023, while spring barley has gained 1 point over the week to 74% "good to very good" compared with 94% last year.
American market
As in Europe, the US market was buoyed on Friday by the growing number of weather risks affecting wheat, corn and soybean. As a result, all commodities closed sharply higher, with funds buying back short positions.
North and South American traders are mainly concerned about the floods in Rio Grande do Sul at the time of the soybean harvest. They are also concerned about successive downward revisions to corn production estimates in Argentina due to disease. With the latest production estimate posted by the Buenos Aires Stock Exchange at 46.5 million tons, some 10 million tons of corn have already evaporated from the forecasts over the past few weeks.
While soybean production losses are still being assessed in Brazil, the USDA announced on Friday the exceptional sale of 122,000 US soybeans to an unknown destination.
