MATIF Wheat No. 2 (Paris, FR) Prices
EBM- Global supply situation remains tighter than in previous years
- Low harvests in Russia, Ukraine and the EU-27
- High wheat harvests in North America
- Russian wheat exports remain a price pressure factor
Specification
10:45 - 18:30 CET
Further specifications
Origins tenderable |
European Union |
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Quality |
Sound, fair and merchantable quality of; - the following minimum specifications:
- the following basis specifications:
Discounts apply to reflect any difference between the delivered and standard quality, in accordance with Incograin No.23 and the Technical Addendum No.2. Please also refer to the rules and regulation below for more details. |
Introduction of new expiry months | First trading day following the last trading day. |
Wholesale services | Against Actuals, Exchange for Swaps |
Euronext market | Paris |
MATIF Wheat spot / futures market prices & news
Futures are available on a whole range of different underlying assets, such as wheat. It is important to note that all futures are traded on futures exchanges. The exchange determines exactly what a futures contract looks like.
It should be noted that virtually all futures contracts are not physically delivered, but are generally settled by trading the offsetting position before the contract expires. Most traders only use futures to hedge the prices they pay or receive on the local market at world market prices and are not interested in physical delivery at the location specified by the exchange.
Wheat is one of the oldest cultivated plants known to mankind.
In Europe, the first types of wheat, einkorn and emmer, were cultivated in the Mediterranean region. Grain could be stored well and helped people through the barren winter months.
More and more wheat is being cultivated worldwide - in 2020, over 760 million tons were grown. This makes wheat the second most widely cultivated grain after maize. Russia, the USA, Canada, France and Ukraine are the largest exporters. Depending on the region, wheat is used as animal feed or as a staple food, with the share of animal feed predominating overall.