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First Weekly Grain Market Appreciations in Paris This Year

Mintec Global
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European Grain Markets

  • Despite being weak again on Friday, Matif grain markets managed to record their first weekly appreciation since the beginning of the year
  • The increases, however, are minimal and are by no means a source of pride for the bulls
  • On the contrary, the downward trend remains in force at all time intervals, above the daily one, and this is true for the wheat market as well as for corn and rapeseed.

American Grain Markets

  • With weekly increases are also reported grain markets in Chicago, from a technical point of view, the weakest of all remains that of wheat
  • Corn and soybean markets moved mixed on Friday, but after a new weekly appreciation, the uptrend in both was confirmed and remains in place

Black Sea Grain Markets

  • Exporters from the Black Sea region remain the most competitive (cheap) on the international grain markets, although in recent weeks we have seen a gradual firming of nominal FOB levels

Import/Export Statistics

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