Cereal prices continue to rise in a context of supply retention globally

Published 2024년 10월 14일

Tridge summary

Cereal prices have experienced a weekly increase, with key commodities such as soft wheat, corn, barley, and durum wheat seeing price hikes ranging from 1.34% to 7.21%, as reported by Accoe and Telelonjas. Despite these recent increases, the year-to-date trends show declines in the prices of most cereals, with soft wheat and durum wheat experiencing the most significant drops. Conversely, corn is the only grain that has become more expensive compared to the start of 2024, with a 1.74% increase.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Cereal prices continue to rise for another week in a global context marked by foreign markets and by the retention of supply, according to the latest report by Telelonjas. The wholesale merchants' association Accoe has reported that in the last week closed (until Friday), prices and their increases compared to the previous one were: soft wheat, 234.97 euros per tonne (+2.26%); corn, 237.12 euros/tonne (+2.49%); barley, 217.12 euros/tonne (+2.07%); and durum wheat, 283.75 euros/tonne (+1.34%). Malting barley has risen to 230.50 euros/tonne (+7.21%), while oats have risen by 1.28% (220.60 euros/tonne). Since the beginning of the year, the price of soft wheat has fallen by 2.95%; that of ...
Source: PEefeagro

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