Wheat price drops on world stock markets
In the last period the stock markets in EU had oscillation in the prices of wheat as a result of that the eleventh week of 2012 recorded a slight price decline. According to media stock market, wheat’s price falls is mainly due to Russia's decision to no longer restrict the export of cereals. Price decreasing for about 3 percent as well is recorded to the stock market in Novi Sad.
During the same stock market period (futures), corn prices recorded slight prices drop. In the past month the average corn price in the EU members states was 11.6 denars per kilogram.
In the table are shown prices for wheat and corn on the world stock markets and in the region.
Stock markets | Period | Wheat | Corn |
Novi Sad | 16 March | 13,01 - 13,2 den / kg | 11,11 - 11,17 den / kg |
Chicago | (futures) маy | 10,93 den / kg | 11,757 den / kgг |
Budapest | (futures) маy | 11,377 den / kg | 10,93 den / kg |
Paris-Euronext | (futures) маy | 13,01 den / kg | 13,131 den / kg |
France - MATIF | (futures) маy | 12,788 den / kg | / |
GB - LIFFE | 21 March | 12,62 den / kg | / |
Croatia | 15 March | 12,028 den / kg | 10,48 den / kg |