Prices for wheat, corn and rapeseed on the Paris Stock Exchange rose by 2-3. 5%

< span style="font-size:14px;">the drought in Brazil continues to warm up stock prices. However, if on the US stock exchanges futures rose in price only by 1-2%, then on the Paris Euronext prices for wheat, rapeseed and corn rose immediately by 2-4%.

< span style="font-size:14px;">funds are increasing the number of contracts in anticipation of further price increases, although unsatisfactory results of weekly export sales from the United States have reduced traders ' optimism, as buyers in the physical market are holding back purchases against the background of a rapid rise in the price of futures.

< span style="font-size:14px;">yesterday on Paris Euronext< / span>< / p> < ul> < li> < span style = " font-size: 14px;" > May wheat futures rose 2% to 253.5 € / t or або 305.8 / t,< / span> < / li>

• < span style="font-size:14px;">September wheat futures rose 1.8% to 230.25 €/t or 277.75 € / t,< / span> < / li>
• < span style="font-size:14px;">June corn futures rose 2.9% to €258.25/t or € 311.45/t,< / span> < / li>
• August rapeseed futures rose 3.5% to €540.25/t or € 651.7/t. < / li>

   

  < span style="font-size:14px;">on the Chicago Stock Exchange, quotes also continued to grow, but more slowly than at the beginning of the week, when prices rose by 3-4% daily:< / span> < / p>

  • < span style="font-size:14px;">July futures for soft winter SRW wheat rose 1.1% to 2 276.7 / ton,< / span> < / li>
  • < span style="font-size:14px;">July corn futures rose 1.4% to 2 283 / ton,< / span> < / li>
  • < span style="font-size:14px;">May soybean futures rose 1.5% to 5 590/ton, crossing the psychological level of.16/bushel. 

   

  < span style="font-size:14px;">canola also continues to rise in price:< / span>< / p>

  • < span style="font-size:14px;">May futures rose to a record 1003 CAD / t or 8 824 / t,< / span> < / li>
  • < span style="font-size:14px;">November-up to 769.4 CAD / t or 6 632 / t.< / span>< / li>

   

  < span style="font-size:14px;" > weekly export sales were less than traders expected and amounted to 95.6 thousand tons of wheat, 137 thousand tons of corn and 165 thousand tons of soybeans, which confirms the decline in market sales due to rapid price increases.