On Thursday, the world wheat stock exchange swung down
on Wednesday 18 may wheat quotations in the United States and France declined, but to different degrees. In London there was a slight increase of 0.1 %. The dollar went up sharply against the Euro and the pound, thereby reducing the value of the American to European wheat. In the United States also fell by soybeans and corn, and in France slightly depreciated corn and canola.
For 18 may in the United States on the Chicago Board of CBOT:
- soybeans fell 1.2 % or 0,135 $ 10,815 $/bushel to 10.68 $/bushel or 392,4 $/ton.
- wheat contracts fell by 1 % or 0,045 $ 4,825 $/bushel to 4.78 $/bushel (or of 175.6 $/ton)
- corn dropped 0.1 % or 0,005 $ to 3,9725 $/bushel or 155,9 $/ton,
In Europe, on London's LIFFE may wheat the may 18 agreement went up by 0.1% 106,35 to 106.5 pounds/tone or 153,6 $/ton.
on the same day on the Paris MATIF:
- September wheat contracts fell by 0.5 % with 164,75 to 164 Euro/tone or of 184.8 $/ton,
- December wheat contracts fell slightly less, by 0.3 % to 169,5 169 Euro/tone or 190,4 $/ton,
- August agreement for canola dropped from 372,5 Euro/ton up to 371,5 EUR/tone or 418,6 $/ton,
- contracts for corn for June fell from 167,75 € /tonne to is 165.5 euros/tone or 186,5 dollars/ton.