Pre-opening 29/04/2024
Paris Chicago
Wheatunch- 2 cents
Cornunchunch
Rapeseed+ 1 €/t
Soybean+ 4 cents
Indexes 29/04/2024
€/$1,0720 $
Oil WTI83,85 $/b

Wheat (€/t)
Mai 24208,25-3,50
Sept. 24230,00-5,25
Déc. 24236,25-4,25
Mars 25238,25-4,25
Mai 25240,00-4,00
Corn (€/t)
Juin 24204,00-4,50
Août 24207,25-4,75
Nov. 24205,50-4,50
Mars 25210,00-3,25
Juin 25210,50-3,00
Rapeseed (€/t)
Août 24465,00+5,50
Nov. 24471,75+4,75
Févr. 25473,75+3,25
Mai 25474,50+3,50
Août 25466,50+3,50

29/04/2024

Wheat (€/t) : 11392 lots
LotsTypeStrike
600Call Sept. 24226,00
120Call Sept. 24230,00
10Call Sept. 24245,00
32Call Déc. 24237,00
50Call Déc. 24240,00
320Call Déc. 24250,00
306Call Déc. 24260,00
2Call Déc. 24280,00
250Call Déc. 24290,00
14Call Déc. 24315,00
628Call Mars 25240,00
1Call Mars 25250,00
625Call Mars 25280,00
3120Put Sept. 24200,00
600Put Sept. 24210,00
3000Put Sept. 24220,00
355Put Déc. 24200,00
340Put Déc. 24220,00
670Put Déc. 24230,00
320Put Déc. 24235,00
28Put Déc. 24236,00
1Put Déc. 24240,00
Corn (€/t) : 2 lots
LotsTypeStrike
1Call Nov. 24208,00
1Call Mars 25230,00
Rapeseed (€/t) : 1 lots
LotsTypeStrike
1Call Févr. 25475,00

Wheat (¢/b)
Mai 24603,2500-13,5000
Juil. 24622,2500-14,0000
Sept. 24641,7500-12,5000
Déc. 24665,7500-11,2500
Mars 25684,2500-10,0000
Corn (¢/b)
Mai 24440,0000-0,2500
Juil. 24450,0000-0,7500
Sept. 24459,0000-0,5000
Déc. 24473,5000-0,7500
Mars 25486,7500-0,7500
Soybean (¢/b)
Mai 241159,5000+4,2500
Juil. 241177,2500+6,2500
Août 241180,7500+5,7500
Sept. 241171,0000+5,0000
Nov. 241174,7500+4,0000
Soy meal ($/st)
Mai 24340,0000+8,7000
Juil. 24344,7000+9,9000
Août 24345,8000+9,3000
Sept. 24346,7000+8,7000
Oct. 24347,1000+8,0000
Soy oil (¢/lb)
Mai 2444,9300-1,2800
Juil. 2445,5400-1,1700
Août 2445,7900-1,1400
Sept. 2445,9400-1,1300
Oct. 2445,9700-1,0900

29/04/2024

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 2023 basis310,00+0,00
Corn delivered Bordeaux Spot - July 2023 basis203,00+1,00
Corn FOB Rhin Spot - July 2023 basis201,00+1,00
Feed barley delivered Rouen - July 2023 basis194,00+6,00
Malting barley FOB Creil Spot - July 2023 basis322,00+7,00
Rapessed FOB Moselle Spot - Flat - 2023 harvest440,00-2,00
Oleic sunseed delivered St Nazaire Spot - Flat - 2023 harvest430,00+25,00
Feed peas FOB Creil Spot - August 2023 basis235,00+0,00

Events

Analysis 29/04/2024

European market

Grain prices rose again on Friday. On Euronext, both new-crop and old-crop prices rose for wheat and corn. However, it is primarily new-crop wheat that has been climbing for the past week. September 2024 wheat is back above €235/t, its highest level since last December. At present, European operators are obviously following the rise in Russian prices, but above all they are paying close attention to weather conditions, which for the moment are still dry and hot in the southern part of Russia's production zone.
In France, according to the latest figures from FranceAgriMer, crop conditions are also slightly down for winter crops. As for spring crops, corn sowings are accelerating, with more than a quarter of the area now sown. Despite the weekly increase, plantings are still behind those of previous years.
In the oilseed sector, the approach of the May 2024 closing tomorrow evening is pushing prices to evolve differently from the following deadlines. Prices for the 2024 harvest rose on Friday, but failed to return to the week's highs, as did canola prices and the easing of palm oil prices.

 

American market

The firmness in Chicago can be seen above all in wheat prices for both SRW and HRW grades. Indeed, prices at the end of the week for both old crop and new crop wheat were close to the highs seen at the start of the year. In fact, the September 2024 contract was even trading above $6.50/bu during Friday's session, before falling back at the end of the day. Funds are still actively buying in a spring context where the weather remains essential to monitor, with dry and hot conditions in southern Russia and also in some American states.
On the other hand, the upward momentum of the last few days is marking time for corn and soybeans, where sowings are progressing. New-crop corn prices ended the day slightly down on the previous Friday. This slight decline was also observed for old and new crop soybeans.

Black Sea market

Click here to request full access to the AgriMarkets report to find out more about the Black Sea region, and follow price trends in Russia on a daily basis.