• 02 Jul, 2025

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Middle East conflict: Rising crude oil prices pull canola prices along

Wheat: Profit taking | Corn: Good weather | EEX-butter weaker

Weizen: Profit taking before the weekend

Weizen-Futures on the Euronext closed mostly slightly lower on Friday. The front month September lost 1 euro to 208 euros/ton. However, there was a weekly gain of 5.25 euros (2.6%). At the CBoT, the September contract lost 7 cents to 5.83 US $/bu (186 euros/ton), shrinking the weekly gain to 24.25 cents (4.3%). After the high gains in previous sessions, profit-taking on Friday led to slight losses in the wheat market. More prices + News

Oilseeds: Crude oil pulls rapeseed

Rapeseed trading on the Euronext closed higher for the fourth consecutive day on Friday. The front month August rose by 5 euros to 505.25 euros/ton, bringing a weekly gain of 10.50 euros (2.1%). At the CBoT, soybeans declined, with the most traded November future losing 7.5 cents to 10.61 DU-$/bu (338 euros/ton). As a result, there was a small increase of 6 cents (0.6%) in the weekly balance. The August future reached a new all-time high on Friday on the Euronext, benefiting from rising crude oil and vegetable oil prices. More prices + News

Mais: Good weather leads to pressure

Maize trading closed weaker on the CBoT on Friday, with the front month July down 4.75 cents to 4.29 US $/bu (146 euros/ton). This increased the weekly loss to 15.75 cents (3.5%). At the Euronext, the November contract rose by 1.75 euros to 207.50 euros/ton, bringing a weekly gain of 10.25 euros (5.2%). Favorable conditions for corn harvest in the US put pressure on trading at the CBoT on Friday. Prices fell in Chicago to the lowest level in over six months. More prices + News

Kartoffeln: Prices remain stable

Trading in futures markets continues to hold at the low price levels reached. For the central seasonal dates of April 2026 and April 2027, prices continue to range between 16 to 17 euros/ton, with no significant price changes anticipated. The cash market continues to exhibit a pessimistic sentiment, with no signs of market recovery thus far. This negative market situation also prevents any impulses for a positive price development in the futures market. More prices + News

Milch: Butter trades weaker

Butter prices declined at the EEX before the weekend. The July future lost 42 euros to 4,733 euros/ton. Skimmed milk powder was traded unevenly, with the July contract increasing by 2 euros to 2,445 euros/ton. Concerns about demand have been raised due to the war in the Middle East, as the region is a significant importer of dairy products. Decreasing milk supplies in Germany and France limited the losses. More prices + News

Exchange rate: 1 euro = 1.1515 USD 1 US bushel corn = 25.4012 kg 1 US bushel wheat = 27.2155 kg 1 US bushel soybean = 27.2155 kg 1 US cwt = 45.36 kg (live weight, note) 1 acre = 0.4047 ha

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