Euronext Paris MATIF: derivatives exchange in Paris
Euronext Paris, frequently searched under its historical MATIF name, is an important European source of forward price references for milling wheat and rapeseed.
AGR-004 · Derivatives exchange · Paris, France · EUR
European grain and rapeseed reference market
Euronext Paris, frequently searched under its historical MATIF name, is an important European source of forward price references for milling wheat and rapeseed. Grain merchants, exporters, millers, oilseed crushers and producers use the market when assessing or managing price exposure. Its agricultural catalogue also includes corn and durum wheat. The Paris location identifies the market, not a collection point for a physical shipment. Delivery locations and conditions are defined in the relevant contract documentation.
For a producer outside the French delivery network, the essential comparison is between the exchange quotation and the local cash offer. Quality, collection date, distance to a port or processing plant and currency conversion all influence that difference. Ask a merchant which futures expiry underlies an offer and whether the price is fixed immediately or will be fixed later. A rise in the benchmark need not produce the same increase in every domestic purchase price, particularly when freight costs or local supply conditions change. Record the local differential as carefully as the headline futures level.
Buying or selling futures and options requires an account with an appropriate intermediary and arrangements for financial collateral. A company intending to deliver physical grain must review quality requirements, approved storage or delivery facilities, notice deadlines and documents. Someone simply seeking a buyer for a truckload can use quotations during negotiations, but still needs a commercial supply agreement. Access to the exchange and access to a particular physical customer are separate business decisions, with different costs and operational requirements.
On Euronext Live, select the product and expiry, then distinguish the last traded price from settlement and executable bids or offers. Volume, open interest and the update time help place a quotation in context. When comparing seasons, keep the method of choosing contract months consistent: switching expiries can otherwise look like a price change. For physical buyers and sellers, combine the benchmark with a quality specification, an agreed local differential and the cost of delivery to the named destination. This turns a broad reference into a useful commercial calculation without treating contract turnover as evidence of actual grain deliveries. For continuing supply relationships, also document who controls the price-fixing date and what happens if quantity, quality or shipment timing changes after the price has been agreed.
What is priced: Grains, oilseeds and pulses, Fish and seafood
Where to find the prices
Products and quotations
Milling wheat; Rapeseed; Corn; Durum wheat
Key figures
- Commodity derivatives volume: 29,412,226 contracts (2025). Futures and options reported by Euronext.
- Futures volume: 28,400,356 contracts (2025). Commodity segment.
Sources
- Euronext — 2025 results
- Euronext — commodity quotations
- Euronext — 2024 annual report
All agricultural exchanges, markets and price sources
