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Agriculture: Highlights | May 2015

[EN] In most of the major agriculture markets, the constantly good supply situation leads to ongoing price declines. This holds true in particular for wheat, rice and corn markets. In the case of wheat and corn, unexpected heavy rainfalls have caused even better crop prospects. But also soybeans are subject to price drops, which is due to a lasting increase in world stocks despite a decreasing production in the USA. Moreover Brazil will probably expand its exports for soybeans as well, which are supported by a weak currency. In general the stocks of a lot of agricultural markets are at record highs. This situation will probably prevent stronger price increases in the near future. This article shows you the latest price developments and relevant key figures for agricultural commodities.

With a view to the past 12 months, we have observed strong price decreases as well as some increases for agricultural raw materials. Considering the largest declines, the price for soybeans (CBOT) has fallen by -23.0%, for rice (CBOT) by -22.8% and for pork (CME) by -21.4%. The strongest price rises were noticed in the markets for cattle (feeder cattle (CME), U.S. c.i.f.) +39.4%/+36.1% and chicken (U.S. wholesale price) which has increased by +31.7% in one year.

During the last month, we have observed the highest price drops in the markets for wheat (CBOT) – 13.3%, rice (CBOT) -12.2% and corn (CBOT) -7.9%. At the same time prices have risen most for pork (CME) +16.8%, sugar (NYBOT) +5.0%  and cocoa (ICE London) +4.8%. The highest price movements are still registered in the market for pork (CME) with an annualized volatility of 51.5%.

In order to provide market visibility for European companies affected by raw material costs, the following analysis takes into consideration the price evolution in EUR unless specified. Please click on the raw materials below to receive more detailed information.

Agriculture prices returns | 1 YEAR | daily price dataAgriculture prices returns | 1 MONTH | daily price data
May 2014 - April 2015April 2015
15-05 Agro Returns 12m15-05 Agro Returns 1m
*Returns based on monthly data over the last 12 months
*²Returns based on weekly data over the last 52 weeks
*Returns based on monthly data over the last month
*²Returns based on weekly date over the last 4 weeks

1. WHEAT (EURONEXT PARIS)  Read more

2. CORN (EURONEXT PARIS) Read more

3. COTTON  Read more

4. SOYBEANS (CBOT) Read more

5. COCOA (ICE FUTURES) Read more

6. SUGAR (LIFFE) Read more

7. Pork (CME lean hogs futures) Read more

Date of publication: 14 May 2015
Sources | Disclaimer | Methodology

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