After reaching the lowest levels in the last 3 years, corn prices rose

Following the results of yesterday's trading, Chicago wheat quotations closed with a minimal decrease, and European grain prices showed a slight increase. This was reported by Barva Invest analysts.

Latest indications:

September Chicago wheat contract (ZWU3) — $5.97/bu (-0.13 $/bu);

the September wheat contract on Euronext (EBMN3) — €229.75/t (+€2/t);

DAP-Port Danube (11.5%) — $174/t.

The situation on the Ukrainian market remains difficult due to very limited export opportunities.

After hitting 3-year lows, corn prices have shown some recovery amid forecasts of hot and dry weather for the US crop:

December Chicago corn contract (ZCZ3) — $4.81/bu (+0.06 $/bu);

November corn contract on Euronext (EMAХ3) — €213.75/t (+€3/t);

DAP-Port Danube (11.5%) — $175-182/t.

Ukrainian corn prices remain in a stable range, but demand activity remains limited.