THE prix of wheat on Euronext and on the walk physics fell back between the sessions of May 6 and May 8. The courses joined theImprovement of climate conditionss in the Black Sea basin as well as favorable weather prospects in western Europe. According to the latest report Cerews From FranceAgriMer, tender wheat crops in good or very good condition would represent 74% of the sole (against only 64% in 2024 at the same period).
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The quotes of wheat on the Cbot Also flanked in the last two sessions, under the effect of the time particularly mild augurant of a good development of wheat on the end of the cycle in the United States plains.
The courses of but have backed up more strongly than wheat on Euronext and the physical market. This pressure resulted from the favorable weather but also from the abundance of imported grains on the intra-community market swelling the available offer. According to the latest cere’obs report, sowing would be slightly in advance since made at 79% on May 5, 2025 (against 53% in 2024 on the same date and 76% on average five -year)
The price of corn at UNITED STATES was also kept under pressure. According to the Center for Meteorological Forecasts in the National Meteorological Service (NWS), a large part of the Midwest and the plains could remain fairly dry but temperatures should be established at levels much higher in the North plains and the high midwest. On the commerce side, private exporters announced on Thursday at USDA a sale of 8.1 million bushels of corn intended for Mexico And a second of 4.5 million bushels to an unknown destination.
Furthermore, the Brazil would have exported a total of only 178,347 tonnes of corn in April, which represents a decline of 79.53 % compared to the previous month, but a volume much higher than the same month in 2024.
Grain operators will of course remain very attentive to the course of negotiations between UNITED STATES and the Chine Scheduled in Switzerland on Saturday. In the absence of agreement, the uncertainties concerning Trump’s pricing policy will continue to bring volatility to the cereal lessons.
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On the side of the macro-economy, the dollar was clearly strengthened in the face ofeuro. Jerome Powell announced last Wednesday the maintenance of the Fed rates at the same level due to the uncertain trajectory of the United States economy.
The course of oil continued its rebound, passing over the symbolic bar of the $ 60, carried out by the hope of an advance in imminent trade negotiations between the United States and China, the two largest oil consumers in the world.
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Agenda :
- 12.05.2025 : World and United States, SOJE corn wheat, offer and request report (Source: USDA)
Cere’obs de Franceagimer bulletin:
(week 17, from April 22 to 28, 2025)
| Cultivation conditions | State “good to very good” | S-1 | N-1 |
| Soft winter wheat | 74% | 74% | 64% |
| Winter barley | 69% | 70% | 66% |
| Spring barley | 81% | 82% | 74% |
| Durum wheat | 76% | 76% | 65% |
| Grain corn | | | |
| Semis | S | S-1 | N-1 |
| Soft winter wheat | | | |
| Winter barley | | | |
| Spring barley | | | |
| Durum wheat | | | |
| Grain corn | 79% | 62% | 53% |
| Harvest | S | S-1 | N-1 |
| Soft winter wheat | | | |
| Winter barley | | | |
| Spring barley | | | |
| Durum wheat | | | |
| Grain corn | | | |
French physical markets of May 8, 2025 (July base for cereals)
| Wheat | Specifications | Due date | euro/t | | Variation |
| Rendered dunkirk | 220/11 Meunier Harvest 2024 | May-June | 191,00 | N | -0,50 |
| Rendered the pallice | 76/220/11 Harvest 2024 | May-June | 190,00 | T | -0,50 |
| Rouen rendering | 76/220/11 Harvest 2024 | May-June | 191,00 | N | -0,50 |
| Rendument Pontivy/Guingamp | Forage 74 kg/hl base, 72 kg/hl mini harvest 2024 | May-June | 187,00 | N | -0,50 |
| Fob Moselle | Meunier Harvest 2024 | May-June | 191,00 | N | -0,50 |
| Fob Rouen | FCW Higher A2 Class 1 Majo. Includes Harvest 2024 | May | 205,10 | | 0,00 |
| | FCW Medium A3 Class 2 Majo. Includes Harvest 2024 | May | inc. | | |
| FOB the pale | FAW Higher A2 Class 1 Majo. Includes Harvest 2024 | May | 206,30 | | 0,00 |
| Departure Marne | BPMF 220 Haggbert Récolte 2024 | May-June | 178,50 | N | -0,50 |
| Departure Eure/Eure-et-Loir | BPMF 76 kg/hl Récoolte 2024 | May-June | 192,50 | N | -0,50 |
| South-East departure | Meunier Harvest 2024 | May-June | inc. | | |
| Durum wheat | Specifications | Due date | euro/t | | Variation |
| Rendered port-new | Semoulières Réche 2024 standards | May-June | 275,00 | N | 0,00 |
| Departure Eure/Eure-et-Loir | Semoulières Réche 2024 standards | May | inc. | | |
| South-East departure | Semoulières Réche 2024 standards | May | 275,00 | N | 0,00 |
| But | Specifications | Due date | euro/t | | Variation |
| Bordeaux rendering | Harvest 2024 | May | 180,00 | N | -1,00 |
| Rendered the pallice | Harvest 2024 | May-June | 181,00 | N | -1,00 |
| Rendument Pontivy/Guingamp | Harvest 2024 | May-June | 180,00 | N | -1,00 |
| Fob Bordeaux | Harvest 2024 | May | 184,00 | N | -1,00 |
| Fob Rhin | Harvest 2024 | May-June | 182,00 | N | -1,00 |
| | Harvest 2025 | Jan.-June | 196,00 | T | -1,00 |
| South-East departure | Harvest 2024 | May-June | n.p. | | |
| Fodder barley | Specifications | Due date | euro/t | | Variation |
| Rouen rendering | 62-63 kg/hl harvest 2024 | May-June | 175,00 | T | -0,50 |
| Rendument Pontivy/Guingamp | Harvest 2024 | May-June | 187,00 | T | -0,50 |
| Fob Moselle | Without limit. Harvesting barley 2024 | May-June | 170,00 | N | -0,50 |
| Departure Eure/Eure-et-Loir | Harvest 2024 | May-June | 170,00 | T | -0,50 |
| South-East departure | 62/63 kg/hl harvest 2024 | May-June | 185,00 | N | 0,00 |
| Brasserie barley – Winter 6 rows | Specifications | Due date | euro/t | | Variation |
| FOB CREIL | Faro 11.5% Max Port 500 T harvest 2025 | oct.-mars | 222,00 | T | 0,00 |
| Brasserie barley – Spring | Specifications | Due date | euro/t | | Variation |
| FOB CREIL | Planet 11.5% max port 500 T harvest 2025 | oct.-mars | 238,00-242,00 | A/v | 0,00 |
Quotes from the Meuerie exits of May 6, 2025
| His end tender wheat | Specifications | Due date | euro/t | | Variation |
| Departure Ile-de-France | | available. | 144,00-146,00 | T | |
| | pellets | available. | 159,00-161,00 | T | |
| Half-white | Specifications | Due date | euro/t | | Variation |
| Departure Ile-de-France | | available. | 174,00-176,00 | T | |
| Soft wheat low flour | Specifications | Due date | euro/t | | Variation |
| Departure Ile-de-France | | available. | 191,00-193,00 | T | |
Commercial quotations of dairy products of May 7, 2025
| Milk powder | Specifications | Due date | euro/t | | Variation |
| | Departure NBPL at 30 days 5% H Bt Bulk | available. | 2445,00 | N | |
| Lactoserum powder | Specifications | Due date | euro/t | | Variation |
| | Departure nbpl at 30 days, bila pH 6 bulk | available. | 860,00 | N | |
Dollar / Euro evolution of May 8, 2025
| Devise | Closing value |
| 1 dollar US | 0,8852 euro |
| 1 euro | 1,1297 dollar |
CHICAGO UNDING UNITED MARKET OF MAY MAY 2025
| Raw materials | Fence | Chicago |
| Wheat | 513,00 | cents/wood. |
| But | 439,00 | cents/wood. |
| Ethanol | 2,161 | $/gallon |
EURONEXT -MAY MARKET MARKET OF MAY MAY 2025
| Meunier wheat (Euronext) |
| Equine | Fence |
| May 2025 | 199,50 |
| Sept. 2025 | 202,50 |
| Dec. 2025 | 212,00 |
| Volume | 49413 |
| Corn (Euronext) |
| Equine | Fence |
| June 2025 | 191,75 |
| August 2025 | 194,50 |
| Nov. 2025 | 195,50 |
| Volume | 3229 |
International market quotations of May 8, 2025
| Energy | Equine | Closing value |
| Oil (Nymex) | June 2025 | 59,91 $ |
| Maritime Frets Indices | du 8 May | Variation |
| Baltic Dry Index (BDI) | 1316 | -58,00 |
| Baltic Panamax Index (BPI) | 1363 | 1,00 |
| Baltic Capesize Index (BCI) | 1752 | -183,00 |
| Baltic Supramax Index (BSI) | 968 | 7,00 |
| Baltic Handysize Index (BHSI) | 554 | -4,00 |
