Matif / Euronext-LiffeSettlement price 22/12/2015 | |||
|---|---|---|---|
Milling Wheat - €/t | |||
| March 2016 | 174.00 | -0.75 |  |
| May 2016 | 179.25 | -0.75 | |
| September 2016 | 183.50 | -0.75 | |
| December 2016 | 186.50 | -0.50 | |
| March 2017 | 188.25 | -0.75 | |
| May 2017 | 189.75 | -0.50 | |
| September 2017 | 189.00 | -0.50 | |
| December 2017 | 191.25 | +1.25 | |
Rapeseed - €/t | |||
| February 2016 | 374.25 | -1.25 | |
| May 2016 | 373.75 | -1.25 | |
| August 2016 | 364.00 | -1.00 | |
| November 2016 | 366.00 | -1.50 | |
| February 2017 | 369.25 | +0.25 | |
| May 2017 | 369.25 | -1.50 | |
| August 2017 | 354.50 | -1.75 | |
| November 2017 | 356.50 | -0.75 | |
| February 2018 | 356.50 | -0.75 | |
| May 2018 | 356.50 | -0.75 | |
Corn - €/t | |||
| January 2016 | 157.00 | -2.00 | |
| March 2016 | 166.00 | -1.75 | |
| June 2016 | 172.50 | -1.00 | |
| August 2016 | 177.00 | -0.75 | |
| November 2016 | 174.25 | +0.00 | |
| January 2017 | 176.25 | +0.50 | |
| March 2017 | 180.25 | +0.00 | |
| June 2017 | 175.00 | -5.25 | |
| August 2017 | 175.00 | -0.25 | |
| November 2017 | 175.25 | -2.00 | |
Malting barley - €/t | |||
Options traded 22 December 2015
Milling Wheat : 1080 contracts
- 4 Calls Mar 2016 strike 180.00 price: 3.00 €/t
- 14 Calls May 2016 strike 182.00 price: 6.50 €/t
- 6 Calls May 2016 strike 195.00 price: 2.90 €/t
- 100 Calls Sep 2016 strike 195.00 price: 6.30 €/t
- 2 Calls Sep 2016 strike 205.00 price: 4.30 €/t
300 Puts Mar 2016 strike 160.00 price: 0.60 €/t- 100 Puts Mar 2016 strike 167.00 price: 1.60 €/t
- 150 Puts Mar 2016 strike 175.00 price: 4.60 €/t
- 300 Puts May 2016 strike 157.00 price: 0.70 €/t
- 100 Puts Sep 2016 strike 170.00 price: 4.20 €/t
- 4 Puts Sep 2016 strike 175.00 price: 5.90 €/t
Rapeseed : 56 contracts
- 2 Calls May 2016 strike 420.00 price: 2.90 €/t
- 4 Calls Aug 2016 strike 365.00 price: 14.50 €/t
50 Puts May 2016 strike 370.00 price: 8.70 €/t
Corn : 0 contract
Malting barley : 0 contract
Market Recap
Newsletter Wednesday 23 December 2015
Today :
PRICE ARE NOW FOR 2015 HARVEST
Euro /dollar: 1.0945
CRB index: 175.9529 points
Crude oil: 36.37 $/barrel
5th of January 2016... New AGRITEL website !!
Training : Futures markets and options : New ! The 14/15 of January 2016 in Paris(in English)
Paris: Preopening
Wheat: unchanged
Corn: unchanged
Rapeseed: unchanged
Chicago: Preopening
Wheat: + 1 cents
Corn: - 1 cents
Soybean: + 1 cents
European Market
Markets have now entered in Christmas period and business is especially quiet on physical markets with closing of many storage agencies. Commodities markets, especially oil and metals, are still in a bearish trend.
Egypt is taking the opportunity of current prices conditions to set a new wheat tender with results expected this afternoon.
Weather conditions will stay at the center of traders concerns with persisting too high temperatures for the season, provoking a quick progress of vegetative conditions for winter crops. Evolution of temperatures in Black Sea area for next week is raising fears as well, a sharp drop is expected without snow cover able to protect fields.
Corn prices are penalized by the weakness of crude oil undermining the ethanol sector.
For rapeseed, market was in decline, following canola with thin trading. Furthermore, weakness of fret prices allow an easier movement of goods around the world.
The dollar keeps steady vs euro at 1.0950.
Wheat, harvest 2015, quotes at 161 €/t on a July basis for a quality 76/220/11, delivery Rouen.
Chicago wheat trades to an equivalent of 161.90 €/t for December 2015 delivery.
Durum wheat, harvest 2015, trades between 265 €/t nominal delivered Port La Nouvelle.
Rapeseed, harvest 2015, quotes at 376 €/t nominal FOB Moselle, November 2015 delivery.
Feed barley, harvest 2015, quotes at 154 €/t July basis for standard quality, delivery Rouen.
Malting barley, Sebastian variety, harvest 2015, quotes at 181 €/t July basis, FOB Creil.
Corn, 2015 harvest, trades at 158 €/t on a July 2015 basis, FOB Bordeaux, front contract
Sunflower, harvest 2015, quotes at 400/405 €/t nominal, October delivery, equivalent Saint-Nazaire.
American Market
Yesterday, commodity prices declinedin Chicago in a thinmarket due to market closure tomorrow,24thof December,in USA.
Operator’spessimism increases due to South-American competitiveness, mainly in Argentina, with the waiver of cereal taxes and the decrease of soybean taxes.
Funds were again net sellers of 7 500 lots of corn, 5 000 lots of soybean and 4 000 lots of wheat.
Prices provided below are now for the 2015 harvest.
Corn December 2015, closed at 3.6625 $/bushel, - 5.75 cents from previous day.
Wheat December 2015, closed at 4.7125 $/bushel, - 7.25 cents from previous day.
Soybean November 2015 closed at 8.8550 $/bushel - 6.00 from previous day.
Soy meal December 2015, closed at 278.60 $/t, - 2.10 $/t from previous day.
Soy oil December 2015, closed at 30.69 cents/lb, - 0.34 cents from previous day.
Black Sea market
Since two weeks, Russian (12,5%) wheat in FOB basis is quoted at 193 $/t. Now it turns out that the ruble is at its lowest level compared to dollar. During last month, the ruble has lost 6 % as a consequence of crude oil drop. Current USD/RUR parity is around 71, so a FOB price of 13700RUR/t. Taking into account the current export tax policy, the tax amount is, in that case, 5 USD/t.
Since the day before yesterday, there are rumors about tax cancellation or decrease. The Vice Ministerof Agricultureannouncedyesterday that the governmentwill focusits agendafor Januaryto study on thisissue.
Have a good day
5th of January 2016... New AGRITEL website !!
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