Price: €11.00
Member Price: €0.00

Wheat: stock market losses due to possible coronavirus pandemic

February 25, 2020 at 11:49 AM , Der AUDITOR
Play report as audio

FRANKFURT. The wheat markets showed a further decline in prices internationally. The spread of the coronavirus outside of China in South Korea, Iran and Italy resulted in massive losses on the stock markets. Germany and Poland were awarded the Saudi Arabian wheat tender.

The wheat market continued to come under pressure due to fears about the spread of the coronavirus. The front end in Chicago fell by 1.2% to USD 538 per bushel, in Paris by 1.5% to EUR 192.25 per metric tonne and on the Black Sea by 1.7% to USD 218 per metric tonne. The waves of infection outside of China in South Korea, Iran and Italy recently caused concern, to which the stock markets also reacted with heavy price losses; the Dow Jones fell by 3.4%, the DAX by 4.3%, and the losses on the Asian stock exchanges were even higher. Confirmed coronavirus infections have now been ident

View related articles

Go to the News Overview
Grains
Jul 2, 2025
KYIV/DALIAN. Millet cultivation in Ukraine is declining this year. The crop in China is expected to be sufficient to meet demand on the Chinese market.
Grains
Jul 2, 2025
KYIV/DALIAN. EU countries have increased their buckwheat imports by 22% this season. A smaller crop is expected in Ukraine in 2025.
Grains
Jun 12, 2025
LIMA/SUCRE. Contrary to expectations, the result of the Peruvian crop was sobering. This is also driving up prices in Bolivia. On the Indian market, however, prices have fallen in recent weeks.
Grains
Jun 3, 2025
BRUSSELS/DALIAN. EU imports have declined by a shocking 40%. Enthusiasm for millet is low in China.