Pre-opening 13/03/2025
Paris Chicago
WheatUnchanged to +1 €/t+ 2 cents
CornUnchUnch
RapeseedUnch
Soybean+ 4 cents
Indexes 13/03/2025
€/$1,0830 $
Oil WTI67,68 $/b

Wheat (€/t)
Mai 25226,00+2,75
Sept. 25226,25+1,75
Déc. 25232,50+1,75
Mars 26236,75+1,25
Mai 26239,75+1,25
Corn (€/t)
Juin 25215,50+3,50
Août 25220,00+2,75
Nov. 25216,75+1,75
Mars 26219,50+1,00
Juin 26206,00+3,50
Rapeseed (€/t)
Mai 25471,00-2,50
Août 25459,25-0,25
Nov. 25461,25-0,25
Févr. 26460,00-0,75
Mai 26458,50+0,00

13/03/2025

Wheat (€/t) : 6439 lots
LotsTypeStrike
60Call Mai 25225,00
1300Call Mai 25230,00
3662Call Mai 25235,00
500Call Mai 25240,00
1Call Sept. 25227,00
2Call Sept. 25250,00
3Call Sept. 25260,00
500Call Sept. 25280,00
1Call Déc. 25230,00
100Call Déc. 25240,00
60Put Mai 25225,00
250Put Déc. 25220,00
Corn (€/t) : 400 lots
LotsTypeStrike
200Call Nov. 25240,00
200Put Nov. 25200,00
Rapeseed (€/t) : 758 lots
LotsTypeStrike
50Call Mai 25520,00
2Call Août 25465,00
1Call Août 25480,00
25Call Août 25500,00
25Call Août 25550,00
1Call Nov. 25465,00
1Call Nov. 25500,00
301Put Mai 25460,00
160Put Mai 25480,00
28Put Mai 25500,00
160Put Mai 25522,50
1Put Mai 25535,00
2Put Mai 25540,00
1Put Nov. 25460,00

Wheat (¢/b)
Mars 25538,7500+8,5000
Mai 25554,0000+8,0000
Juil. 25569,5000+8,2500
Sept. 25586,2500+7,7500
Déc. 25609,0000+8,0000
Corn (¢/b)
Mars 25448,7500+4,7500
Mai 25460,7500+3,2500
Juil. 25467,5000+3,5000
Sept. 25442,5000+3,2500
Déc. 25448,2500+3,0000
Soybean (¢/b)
Mars 25987,5000+9,2500
Mai 251000,5000+8,5000
Juil. 251015,5000+8,2500
Août 251013,7500+6,5000
Sept. 251001,5000+5,0000
Soy meal ($/st)
Mars 25292,4000+7,9000
Mai 25300,2000+6,7000
Juil. 25307,2000+6,7000
Août 25309,0000+6,3000
Sept. 25310,3000+5,9000
Soy oil (¢/lb)
Mars 2541,1800-0,4000
Mai 2541,6800-0,4000
Juil. 2542,1500-0,4300
Août 2542,1700-0,4300
Sept. 2542,1200-0,4300

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 13/03/2025

European market

A new trading day yesterday was marked by significant volatility. The prevailing atmosphere of a trade war continues to fuel this volatility, with taxes and counter-taxes clashing and complicating the interpretation of events.

Thus, the European Union stepped onto the scene yesterday with announcements of retaliations on imports of American agricultural products starting in April.

On the international wheat market, Algeria concluded its tender yesterday for a volume of at least 450,000 tons at a CIF price of around 268.50 $/t. Although very competitive, French wheat has been excluded from these transactions, being mostly replaced by Ukrainian, Romanian, and Bulgarian wheat.

Attention now turns to Tunisia, which is expected to purchase 100,000 tons of soft wheat this Thursday.

In this particular context, FranceAgriMer reduced its forecast for French soft wheat exports to non-EU countries for 2024/2025 by - 0.2 Mt to only 3.2 Mt yesterday. Consequently, the carryover stock has risen to 2.9 Mt compared to 2.8 Mt last month.

Conversely, the barley stock has decreased to 1.33 Mt compared to the 1.56 Mt expected last month by FranceAgriMer. The corn stock, on the other hand, has risen to 3.08 Mt compared to 2.77 Mt last month.

As for rapeseed, its prices continue to plummet in sympathy with the collapse of canola on the Winnipeg market.

American market

Generally speaking, the harsher tone from all countries affected by the increase in tariffs imposed by the Trump administration, with significant retaliations announced, is fostering an atmosphere of concern in the U.S. agricultural markets.

The announcement of import taxes on American products by the European Commission brought a fresh wave of downward pressure on Chicago yesterday. U.S. corn, which has been heavily sold to Spain in recent months, was particularly affected.

Moreover, funds clearly returned to selling corn yesterday, while remaining neutral on wheat and soybeans.

Operators are now eagerly awaiting the USDA's weekly export sales figures, especially on corn, which is being closely monitored in the current context of the trade war.

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.