With the exception of the American crop, the world market price of wheat continued to decrease
According to Tallage’s information in February, with the exception of the American crop, the world market price of wheat for the immediate delivery period between January 15 and February 9 continued to decrease.

(Photo: Pixabay)
In Germany, the price of mill wheat with a protein content of 12.5 percent (FOB Hamburg) fell by $10 to $267/ton. The immediate export (FOB) price of milling wheat arriving in Rouen was $6 lower at $233/ton at the same time. 11.5 percent protein mill wheat (FOB) produced in Russia was available for spot delivery at $222/t ($-10) and 12.5 percent protein at $229/t ($-13) on February 9 . In Romania and Bulgaria, the spot market price of mill wheat per ton was 230 dollars (-17 dollars). In the USA, the spot market price of soft red winter wheat (SRW) increased by $1 to $257/ton, and that of 11% protein hard red winter wheat (HRW) increased by $6 to $288/ton during the indicated period. In Argentina, the spot export price of the crop fell by $6 to $239/ton in early February (Tallage).
In Hungary, according to AKI PÁIR data, edible wheat was traded at an average producer price of HUF 67,000/tonne excluding VAT and transport costs in the fourth week of February
This price level is 32 percent below the previous year. Feed wheat traded for HUF 59.5 thousand/ton (-39 percent) at the same time. On the Chicago Mercantile Exchange (CME/CBOT), March wheat prices fluctuated between $206 and $215/ton between February 20 and March 1. At the same time, on the Paris Commodity Exchange (Euronext/MATIF), the crop was quoted in March between 183 and 208 euros/ton.
AKI PÁIR
Related news
Rapeseed producer prices rise
According to Stratégie Grains, Canadian canola spot export prices (FOB…
Read more >The weakest apricot harvest in the past twenty years is expected this year
According to KSH data, the apricot harvest in Hungary has…
Read more >Large decline in foreign trade of live pigs
According to the Central Statistical Office (KSH), Hungary’s live pig…
Read more >Related news
EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Another problem could cause food prices to rise
Latin American agriculture could face serious consequences if the United…
Read more >