Cereal prices fall by up to 27% throughout 2023 in Spanish markets

2023 has not exactly been a good year for the cereal sector. The prices of cereals, such as soft wheat, corn or barley, have fallen by up to 27% in Spanish markets from January of this year to the present, as sources from the wholesale merchants' association informed Efeagro this Tuesday. Accoe. After a 2022 with significant increases marked by the consequences of the war in Ukraine, the decreases in prices from the beginning of the year until the last closed week (until last Friday the 22nd) have affected the following cereals: soft wheat (-27 .47%); durum wheat (-18.7%); corn (-26.42%); barley (-27.17%); malt barley (-22.72%) and oats (-6.82%). This downward trend in the Spanish markets has also been noticed in these last weeks of the year, especially in the variation of weekly prices in the markets, where there is currently hardly any activity due to the Christmas holidays, according to the same source. According to data from the last closed week, the average price of ...