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Matif / Euronext-Liffe

Settlement price 24/12/2015
and daily variation

Milling Wheat - €/t

March 2016174.00+0.50
May 2016178.75+0.25
September 2016184.00+0.25
December 2016187.00+0.50
March 2017188.50-0.25
May 2017189.75+0.00
September 2017189.00-0.25
December 2017190.75+0.50
 

Rapeseed - €/t

February 2016374.75+0.25
May 2016373.75-0.25
August 2016364.25+0.00
November 2016366.50+0.25
February 2017369.25+1.75
May 2017371.50+3.00
August 2017355.00+3.50
November 2017356.50+0.25
February 2018356.50+0.25
May 2018356.50+0.25
 

Corn - €/t

January 2016150.50-0.50
March 2016163.50-0.50
June 2016171.25-0.50
August 2016175.75-1.25
November 2016175.25+0.25
January 2017177.50+1.25
March 2017180.50+2.25
June 2017175.00+0.00
August 2017175.00+0.00
November 2017169.25-0.50
 

Malting barley - €/t

 

Options traded 24 December 2015

Milling Wheat : 286 contracts

  • 50 Calls Mar 2016 strike 215.00 price: 0.20 €/t
  • 2 Calls May 2016 strike 199.00 price: 1.70 €/t
  • 217 Calls May 2016 strike 208.00 price: 0.90 €/t
  • 1 Call Dec 2016 strike 200.00 price: 7.50 €/t

  • 10 Puts May 2016 strike 160.00 price: 1.10 €/t
  • 1 Put May 2016 strike 170.00 price: 3.50 €/t
  • 5 Puts Dec 2016 strike 188.00 price: 12.50 €/t

Rapeseed : 70 contracts

  • 50 Calls Aug 2016 strike 400.00 price: 4.40 €/t

  • 20 Puts Aug 2016 strike 350.00 price: 7.00 €/t

Corn : 0 contract

Malting barley : 0 contract

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Market Recap

Newsletter Monday 28 December 2015

Today :

 

PRICE ARE NOW FOR 2015 HARVEST

 

Euro /dollar: 1.0960

CRB index: 176.0938 points

Crude oil: 37.83 $/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:  + 2 cents
Corn:   unchanged
Soybean:   - 3 cents

European Market

   

Quiet markets, just after Christmas, physical trades are reduced to the minimum with most of storage agencies being closed.

However, the mood is gloomy on whole commodities with a special focus on weather conditions, especially in Black Sea area, for the next few days. On the other way round, the strong rains on South America are beneficial for Brazil crops.

The purchase by Egypt of Argentinian wheat last week is confirming the strong comeback of these origins following the abolition of export tax decided by the new President.

On the international stage, we noticed last week the sale of 100 000 t of US soybean to unknown destination. South Korea bought 55 000 t of corn.

While Euronext announced the extension of its wheat contract n°2 with new maturities for 2018’s harvest, doubts are persisting about the viability of the contract n°3 struggling due to a lack of liquidity.

Rapeseed is stabilizing between fundamentals’ support and soybean’s decline with drop of crude oil.

 

 

 

Wheat, harvest 2015, quotes at 160 €/t  on a July basis for a quality 76/220/11, delivery Rouen.

Chicago wheat trades to an equivalent of  156.90 €/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 155/t on a July 2015 basis, FOB Bordeaux, front contract

Feed peas trades at 200 €/t on an August 2015 basis FOB Creil

Sunflower, harvest 2015, quotes at 400 €/t nominal, October delivery, equivalent Saint-Nazaire.

 

 

 

 

American Market

 

American markets were lower on soybean last Thursday, before long weekend, in a context of heavy rains forecast over Brazil, especially for Mato Grosso.

Funds were quiet during this short session. They were net sellers of 5 000 lots of soybean and neutral on wheat and corn.

Weekly export data were strong for soybean with 2.1 Mt, the double of traders’ expectations. With 800 000 t of corn, figures were as well better than expected. For wheat, with 370 000 t, the number was in line with expectations.

Prices provided below are now for the 2015 harvest.

 

Corn December 2015, closed at 3.6450 $/bushel, - 1 cent from previous day.

Wheat December 2015, closed at 4.6750 $/bushel, - 1 cent from previous day.

Soybean November 2015 closed at 8.73 $/bushel  - 7.75  from previous day.


Soy meal December 2015, closed at 270.90 $/t, - 3.30 $/t from previous day.

Soy oil December 2015, closed at 31.10 cents/lb, + 0.34 cents from previous day.

 

 

Black Sea market

 

Ukrainian markets are closed today. Traders will pay attention to weather evolution in coming days. Forecasters are confirming last week predictions with comeback of cold conditions. Temperatures should decrease between -10 and -15 degrees on a large part of Ukraine with currently a lack of snow cover. As well, weather conditions in Russia will be closely monitored.

Russia has resumed its exports of cereals to Turkey despite of tense diplomatic relations between the two countries.

 

 

Have a good day

5th of January 2016... New AGRITEL website !!

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