After closing higher on Wednesday, June 26, 2024 on Euronext, wheat and corn prices opened the session on Thursday, June 27 in a mixed order.
“Following the decline observed the day before, cereal prices showed a slight increase yesterday,” indicates Argus Media in its daily letter published on June 27, 2024.
On Wednesday June 26 on Euronext, a tonne of wheat closed at €223.50 for the September deadline (+€2.50 compared to the previous closing) and at €275.00 (+€2.75) on that of December. A tonne of corn ended the session at €209.25 (+€1.25) for the August deadline and at €205.25 (+€1.50) for November.
“For the moment,” continues the firm, “all eyes are focused primarily on harvest progress and yield figures. In France, scourgeon cuts are accelerating without showing any real improvements for the moment. »
Prices stabilize on the Chicago Stock Exchange
On the Chicago Stock Exchange, prices stabilized yesterday, “at prices at their lowest since last March”, this “thus makes it possible to break the series of the last 7 successive sessions of decline”, reports Argus Media.
This Thursday, June 27, around 11 a.m. on Euronext, a ton of wheat was listed at €223.25 (-€0.25) for the September deadline and at €231.00 (-€0.75) for that of December. A tonne of corn was priced at €211.50 (+€2.25) for the August deadline and at €207.00 (+€1.75) for November.
