Pre-opening 14/03/2025
Paris Chicago
WheatUnchUnch
CornUnchanged to -1 €/t- 4 cents
RapeseedUnchanged to +1 €/t
SoybeanUnch
Indexes 14/03/2025
€/$1,0889 $
Oil WTI66,55 $/b

Wheat (€/t)
Mai 25223,50-2,50
Sept. 25223,50-2,75
Déc. 25229,75-2,75
Mars 26234,75-2,00
Mai 26237,75-2,00
Corn (€/t)
Juin 25214,00-1,50
Août 25218,50-1,50
Nov. 25214,75-2,00
Mars 26218,00-1,50
Juin 26203,75-2,25
Rapeseed (€/t)
Mai 25468,50-2,50
Août 25457,00-2,25
Nov. 25460,00-1,25
Févr. 26459,25-0,75
Mai 26457,75-0,75

14/03/2025

Wheat (€/t) : 2326 lots
LotsTypeStrike
70Call Mai 25225,00
1425Call Mai 25230,00
800Call Mai 25240,00
1Call Sept. 25240,00
1Call Sept. 25247,00
10Call Sept. 25250,00
11Call Sept. 25300,00
4Call Sept. 25340,00
1Call Déc. 25232,00
1Call Déc. 25238,00
2Put Sept. 25200,00
Corn (€/t) : 160 lots
LotsTypeStrike
80Call Juin 25220,00
30Call Juin 25230,00
50Call Juin 25235,00
Rapeseed (€/t) : 749 lots
LotsTypeStrike
12Call Mai 25500,00
500Call Mai 25540,00
1Call Août 25457,50
30Call Août 25490,00
7Call Août 25500,00
1Call Nov. 25460,00
13Call Nov. 25500,00
5Put Mai 25447,50
50Put Mai 25470,00
40Put Mai 25480,00
50Put Mai 25520,00
40Put Mai 25522,50

Wheat (¢/b)
Mai 25562,5000-5,5000
Juil. 25578,2500-5,0000
Sept. 25594,7500-4,5000
Déc. 25617,2500-3,5000
Mars 26635,0000-2,0000
Corn (¢/b)
Mai 25465,2500-6,5000
Juil. 25472,2500-4,5000
Sept. 25446,5000-2,2500
Déc. 25452,2500-1,2500
Mars 26464,2500-1,0000
Soybean (¢/b)
Mai 251010,7500+6,2500
Juil. 251025,0000+6,0000
Août 251021,7500+6,7500
Sept. 251007,5000+6,7500
Nov. 251011,7500+8,2500
Soy meal ($/st)
Mai 25307,1000-1,1000
Juil. 25313,9000-0,7000
Août 25315,4000-0,4000
Sept. 25316,3000-0,3000
Oct. 25317,0000-0,2000
Soy oil (¢/lb)
Mai 2541,2800+0,3700
Juil. 2541,7400+0,3700
Août 2541,7600+0,3500
Sept. 2541,7200+0,3200
Oct. 2541,5900+0,3100

14/03/2025

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+0,00
Corn delivered Bordeaux Spot - July 2024 basis208,00+5,00
Corn FOB Rhin Spot - July 2024 basis225,00+7,00
Feed barley delivered Rouen - July 2024 basis208,00+4,00
Malting barley FOB Creil Spot - July 2024 basis218,00-11,00
Rapessed FOB Moselle Spot - Flat - 2024 harvest472,00-3,00
Oleic sunseed delivered St Nazaire Spot - Flat - 2024 harvest655,00+0,00
Feed peas FOB Creil Spot - August 2024 basis300,00+5,00
Analysis 14/03/2025

European market

Prices are fluctuating based on statements and trying to bring fundamentals back to the forefront. Uncertainty remains particularly high as Donald Trump once again adopts a tougher stance while Europe does not waver. For now, the flow of American corn to Europe continues, particularly to Spain and Portugal.

As a luxurious substitute for Canada with China and the United States with Europe, Brazil remains on the sidelines amidst the international cacophony. Only Conab, as usual, updates its production estimates with an announced increase in Brazilian production of +0.7 Mt compared to the previous month, for a total of 122.76 Mt. For reference, the USDA projects 126 Mt. Regarding soybeans, the Brazilian office projects a production of 167.37 Mt, representing a monthly increase of +1.36 Mt.

In Germany, the cooperative association announces for the 2025 harvest an increase in wheat production by +15.4% to 21.36 Mt and a decrease of -5.2 % for rapeseed to 4.01 Mt.

On the trade front, European operators are keeping an eye on the parity, which has fallen below 1.09 but without deviating significantly. The recent Algerian tender has delivered its verdict, and while origins remain optional, France should still be excluded, which weighs on prices. FranceAgriMer has also reduced its export target to third countries for France to 3.2 Mt. On the international stage, Tunisia has been buying approximately 100,000 t of wheat.

American market

Volatility remains the key word on the American markets during this period of international confusion. Not a day goes by without new statements from various political leaders regarding tariffs. Global trade will quickly readjust, but for now, uncertainty still dominates.

Despite the context, the United States' weekly export sales counteract the recent adjustments made by the USDA in its latest monthly report. For wheat, in particular, they reached 783,000 tons, surpassing expectations. A similar trend is seen for soybeans with 752,000 tons, while for corn, the figure aligns with expectations at 967,000 tons.

Financial operators are taking advantage of this to start buying again, after having massively sold over the past 10 days.

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.