Futures prices for grains and oilseeds on both exchanges in Paris and Chicago endured a mixed day of trading to get the week under way on Monday. In the wake of the Paris attacks, it was unclear how markets would react at the opening bell on Monday morning. However, markets across Europe and the US showed a degree of resilience that underpinned prices.

Europe

On the Euronext exchange in Paris (MATIF), prices for cereals gained some upward momentum, while rapeseed futures were mixed.

Wheat for May 2016 delivery ended Monday’s trade up slightly to €187/t, while May 2017 wheat futures were flat at €192/t.

Maize (corn) prices also made some positive moves. June 2016 maize gained almost €2/t to finish at €175/t, while prices for June 2017 maize moved up slightly to €182/t.

Rapeseed futures were more mixed. May 2016 delivered rapeseed lost €1/t to finish at €373/t, while May 2017 rapeseed actually gained almost €3/t to end Monday’s session in Paris at €365/t.

Chicago

On the Chicago exchange (CBOT), prices for wheat were in retreat while maize (corn) futures performed better.

SRW wheat for December 2015 delivery lost almost $1/t to finish below $182/t (€171/t), while December 2016 SRW wheat also lost $1/t in trade to settle at $192/t (€180/t).

Maize futures improved slightly during Monday’s session in Chicago. December 2015 maize prices gained slightly to finish just under $142/t (€133/t), while maize for December 2016 delivery rose by $1/t to finish at $153/t (€144/t).