Euronext Corn Market: Stable Prices Amid Quiet Trading
The Euronext corn market remained stable on
08 January 2025, with no significant price changes across all contracts. Trading activity was limited, and prices closed unchanged compared to the previous day.
Key Highlights
- March 2025 Contract:
- Closed at 211.25 EUR/t, unchanged from the previous day.
- Trading volume remained low, with only 3 trades executed.
- Open interest stood at 20,864, reflecting consistent engagement in the near-term market.
- June 2025 Contract:
- Settled at 217.75 EUR/t, also unchanged.
- Slightly higher activity with a volume of 9 trades and 2 bids recorded.
- Open interest reached 11,755, signalling steady participation in medium-term contracts.
- August 2025 Contract:
- Closed flat at 222.00 EUR/t, with only 1 trade reported.
- Open interest remained modest at 1,515, indicative of lower activity in mid-term deliveries.
- November 2025 Contract:
- Finished at 216.50 EUR/t, with no recorded trades.
- Open interest was 694, suggesting limited activity for late-season contracts.
Market Observations
- Low Volatility:All contracts exhibited stable prices, with no notable fluctuations during the trading session.
- Moderate Activity:While trading volumes were minimal, open interest indicates sustained market engagement, particularly in near-term and mid-term contracts.
- Lack of Catalysts:The absence of significant external market drivers contributed to the subdued activity.
Outlook
The Euronext corn market continues to demonstrate stability, with prices holding steady amid quiet trading conditions. Traders are likely waiting for new developments, particularly regarding weather conditions in
South America and export trends in major markets like
Ukraine and the
United States. The consistent open interest highlights ongoing market participation, suggesting potential for increased activity if new catalysts emerge.
