| Paris | Chicago | |
|---|---|---|
| Wheat | unch | + 2 cents |
| Corn | unch | + 1 cent |
| Rapeseed | unch | |
| Soybean | + 3 cents |
| €/$ | 1,0583 $ |
| Oil WTI | 67,02 $/b |
| Wheat (€/t) | |||
|---|---|---|---|
| Déc. 24 | 216,25 | +5,50 | |
| Mars 25 | 224,00 | +4,25 | |
| Mai 25 | 228,25 | +3,25 | |
| Sept. 25 | 219,00 | +1,75 | |
| Déc. 25 | 224,25 | +1,75 | |
| Corn (€/t) | |||
|---|---|---|---|
| Mars 25 | 210,25 | +3,00 | |
| Juin 25 | 215,00 | +3,50 | |
| Août 25 | 218,25 | +3,00 | |
| Nov. 25 | 210,50 | +1,25 | |
| Mars 26 | 208,00 | +3,00 | |
| Rapeseed (€/t) | |||
|---|---|---|---|
| Févr. 25 | 539,25 | +8,75 | |
| Mai 25 | 534,75 | +9,25 | |
| Août 25 | 494,50 | +5,75 | |
| Nov. 25 | 491,25 | +6,25 | |
| Févr. 26 | 489,75 | +6,25 | |
15/11/2024
| Wheat (€/t) : 3250 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 500 | Call Mars 25 | 225,00 | |
| 1200 | Call Mars 25 | 250,00 | |
| 600 | Call Mars 25 | 260,00 | |
| 50 | Call Déc. 25 | 230,00 | |
| 50 | Call Déc. 25 | 260,00 | |
| 200 | Put Mars 25 | 210,00 | |
| 600 | Put Mars 25 | 220,00 | |
| 50 | Put Déc. 25 | 195,00 | |
| Corn (€/t) : 92 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 30 | Call Mars 25 | 220,00 | |
| 30 | Call Mars 25 | 250,00 | |
| 2 | Call Août 25 | 220,00 | |
| 30 | Put Mars 25 | 200,00 | |
| Rapeseed (€/t) : 1931 lots | |||
|---|---|---|---|
| Lots | Type | Strike | |
| 700 | Call Févr. 25 | 550,00 | |
| 130 | Call Févr. 25 | 600,00 | |
| 200 | Call Mai 25 | 550,00 | |
| 50 | Call Mai 25 | 577,50 | |
| 300 | Call Mai 25 | 580,00 | |
| 351 | Put Mai 25 | 500,00 | |
| 200 | Put Mai 25 | 510,00 | |
| Wheat (¢/b) | |||
|---|---|---|---|
| Déc. 24 | 536,5000 | +6,7500 | |
| Mars 25 | 554,0000 | +6,0000 | |
| Mai 25 | 562,7500 | +5,2500 | |
| Juil. 25 | 570,0000 | +5,0000 | |
| Sept. 25 | 583,5000 | +5,2500 | |
| Corn (¢/b) | |||
|---|---|---|---|
| Déc. 24 | 424,0000 | +5,0000 | |
| Mars 25 | 435,2500 | +4,2500 | |
| Mai 25 | 442,7500 | +4,2500 | |
| Juil. 25 | 447,0000 | +4,0000 | |
| Sept. 25 | 435,7500 | +2,0000 | |
| Soybean (¢/b) | |||
|---|---|---|---|
| Janv. 25 | 998,5000 | +10,7500 | |
| Mars 25 | 1008,7500 | +9,5000 | |
| Mai 25 | 1022,0000 | +8,0000 | |
| Juil. 25 | 1034,2500 | +8,0000 | |
| Août 25 | 1033,0000 | +7,5000 | |
| Soy meal ($/st) | |||
|---|---|---|---|
| Déc. 24 | 289,6000 | +2,6000 | |
| Janv. 25 | 290,8000 | +1,8000 | |
| Mars 25 | 294,5000 | +1,6000 | |
| Mai 25 | 298,8000 | +1,5000 | |
| Juil. 25 | 303,3000 | +1,6000 | |
| Soy oil (¢/lb) | |||
|---|---|---|---|
| Déc. 24 | 45,3500 | +1,0200 | |
| Janv. 25 | 45,4900 | +1,0400 | |
| Mars 25 | 45,6900 | +1,0000 | |
| Mai 25 | 45,8400 | +0,9500 | |
| Juil. 25 | 45,9200 | +0,8900 | |
15/11/2024
| 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 | 305,00 | +0,00 | |
| Corn delivered Bordeaux Spot - July 2024 basis | 201,00 | +1,00 | |
| Corn FOB Rhin Spot - July 2024 basis | 203,00 | +1,00 | |
| Feed barley delivered Rouen - July 2024 basis | 184,00 | +1,00 | |
| Malting barley FOB Creil Spot - July 2024 basis | 235,00 | +0,00 | |
| Rapessed FOB Moselle Spot - Flat - 2024 harvest | 533,00 | -4,00 | |
| Oleic sunseed delivered St Nazaire Spot - Flat - 2024 harvest | 650,00 | +10,00 | |
| Feed peas FOB Creil Spot - August 2024 basis | 290,00 | +0,00 | |
European market
The European market is under bearish pressure observed on the international scene since the beginning of the week. Some support still comes from the euro/dollar. The euro / dollar was yesterday at the lowest of 1.0496 testing a major support in place for 2 years.
French wheat is taking advantage of this situation to gain some export outlets. The Euronext December 2024 contract closeed slightly higher yesterday while distant futures suffer more from the bearish influence observed in Chicago.
Corn, as is often the case, is evolving on its own trend. The support of €205/t already tested at the beginning of last week on Euronext is holding firm and offers the reasons for a slight rebound that extended yesterday to all futures.
Rapeseed prices remain volatile with 13.50 €/t separated during the day yesterday the highest from the lowest for the February 2025 contract of Euronext. The downward correction observed on palm oil, soybean oil and then canola in Winnipeg is starting to affect the European market, which is closing at the lowest level in a week.
In Brazil, Conab only marginally modified yesterday its official production forecasts for 2024-25 :
Soybeans: 166.14mn t vs 166.05mn t last month
Corn: 119.81mn t vs 119.74mn t last month
Wheat: 8.11mn t vs 8.26mn t last month
American market
The dollar has been rising steadily for a week now with the downward pressure increasing on prices in Chicago. Every day since Monday, funds were for sale on all products.
Exposed to strong international competition, wheat marked a decline of -7.4% during the past week on the close in Chicago. Corn lost 2.8%, with much of it yesterday. Finally, soybeans have declined by -4.1% since last Friday and are back below $10/bu. Beyond grains and oilseeds, the entire commodities sector is under pressure of the anticipated effects of the US election.
Donald Trump's appointment of Lee Zeldin, a former anti-biofuels parliamentarian, as head of the EPA is shaking up the US ethanol and biodiesel industry.
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.
