Exclusiv
Publicat in: Stiri
Growth in consumption will revive prices of corn and soybeans in Chicago, and drive wheat higher on both sides of the Atlantic, Commerzbank has said, at the end of a gloomy month for crop markets.
The German bank, forecasting that a rebound on the global economy will whet demand for a range of food commodities, said that soybean prices would continue to be supported by strong Chinese orders.

"Given China's disappointing domestic soybean output and a continued rising demand, China's import needs will remain high," the bank said.

Exclusiv - beneficiati acum de Oferta Speciala de mai jos:
Cultura de sofran


Afla acum tot ce trebuie sa stii despre cultura de sofran - "aurul rosu"   Iti propunem afacerea anului cultura de sofran De ce tocmai sofran Pentru ca Sofranul Crocus stativus furnizeaza cel mai scump condiment din lume Si nu numai Este si cel mai scump aliment mai scump decat caviarul carnea de vita Kobe sau otetul...

Oferta Speciala
valabila 48h

Despite strong production, Commerzbank said it was "cautiously optimistic" on prices, which would hit $11.50 a bushel during the last three months of the year – implying a 26% jump for Chicago's November contract.

Meanwhile, wheat would enjoy both higher demand and waning farmer desire for plantings, although "intense competition" among exporters, which have huge stocks, for trade would keep price rises relatively muted.

"One can safely assume that the attractiveness of wheat growing has suffered at currently low prices and that in major wheat growing countries the acreage for wheat will decline," Commerzbank said.

"Global wheat consumption, which hardly grew in 2009-10 due to the economic crisis, should benefit from lower prices and pick up again in the course of the coming months, supporting prices."

Chicago wheat would end the year at $5.70 a bushel, more than 5% higher than the December contract finished at on Friday, and 21% above the close for the near-term March contract.

Paris wheat would reach E145 a tonne, 15% higher than the near-term March contract closed at on Friday, and 7% above the price of the November lot.

The forecasts came at the end of a poor month for crop prices, weakened by US Department of Agriculture reports on January raising estimates for global supplies

Since then, Chicago soybeans have fallen by nearly 9%, corn by approaching 16% and wheat by 17%.

Votati articolul

Rating:
Nota: 5 din 1 voturi
Urmareste-ne pe Google News

Articole conexe

Viitor incert pentru fermieri: Ce se intampla cu fondurile europene in 2025
Viitor incert pentru fermieri: Ce se intampla cu fondurile europene in 2025
In ciuda depasirii termenelor anuntate de seful MADR, noutatile legate de liniile de finantare nu...
Buget MADR: Aviz favorabil in comisiile de specialitate din Parlament
Buget MADR: Aviz favorabil in comisiile de specialitate din Parlament
Proiectul de buget a fost aprobat cu 27 de voturi "pentru" si 16 "impotriva"....
Discutii la Bruxelles: Se stabilesc regulile pentru subventii
Discutii la Bruxelles: Se stabilesc regulile pentru subventii
Ministrul Florin Barbu participa astazi, 27 ianuarie, la prima reuniune a Consiliului AgriFish...
Crescatorii de ovine si bovine, in fata unui nou pericol
Crescatorii de ovine si bovine, in fata unui nou pericol
In ceea ce priveste vanzarea animalelor, in prima partea lucrurile pareau bune, cu preturi...

Ultima ora

APIA: Ajutor de peste 39,7 milioane lei pentru crescatorii de animale
APIA: Ajutor de peste 39,7 milioane lei pentru crescatorii de animale
In ceea ce priveste cererile de plata, acestea sunt aferente serviciilor prestate in luna...
APIA: Ultimele zile pentru depunerea deconturilor la eco-scheme
APIA: Ultimele zile pentru depunerea deconturilor la eco-scheme
Deconturile se depun insotite de documentele care atesta indeplinirea cerintelor specifice de...
MADR pregateste noi investitii. Florin Barbu si Marcel Ciolacu discuta despre noile finantari
MADR pregateste noi investitii. Florin Barbu si Marcel Ciolacu discuta despre noile finantari
Premierul Romaniei s-a intalnit la sediul MADR cu ministrul Florin Barbu pentru a planifica...
ANSVSA: 10 tone de produse alimentare au fost retrase de pe piata
ANSVSA: 10 tone de produse alimentare au fost retrase de pe piata
In perioada 27 noiembrie - 31 decembrie 2024 au fost efectuate controale in unitatile din...

Idei de afaceri in agricultura



Rentrop ∧ Straton
Newsletter gratuit
TOP 4 Afaceri agricole în 2025

Va oferim CADOU un Raport Special Gratuit "TOP 4 Afaceri agricole în 2025".
Da, vreau informatii despre produsele Rentrop∧Straton. Sunt de acord ca datele personale sa fie prelucrate conform Regulamentul UE 679/2016
Manager | Stiri si analize economice
Rentrop & Straton