Cereal prices mark the highest levels of the campaign in Spanish markets

Published 2024년 6월 4일

Tridge summary

Wheat and corn prices in Spanish markets have surged to their highest levels of the current campaign due to fears of reduced production in the northern hemisphere. Common wheat now costs 242.49 euros/ton (+0.84%), corn 233.09 euros/ton (+0.58%), durum wheat 298.33 euros/ton (+0.27%), and oats 270 euros/ton (+0.37%). Barley prices have slightly decreased to 224.86 euros/ton (-0.13%), while malt barley prices remain stable at 227.75 euros/ton. Compared to January 2024, common wheat and corn prices have rebounded slightly, whereas barley, malt barley, oats, and durum wheat prices have declined.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices of wheat and corn continue to rise in the Spanish markets and register the "highs of the campaign", given the news about an eventual decrease in production in the northern hemisphere, as sources from the merchants' association informed Efeagro this Monday. Accoe wholesalers. Prices in Spain, a country with a deficit in cereals, maintain an upward trend, especially wheat, which is especially affected by the information that points to the fall of harvests "in almost the entire northern hemisphere", although it will be necessary to wait to see if they are confirmed, according to sources. In the last closed week (until last Friday) the prices and their increases with respect to the previous one have been as follows: common wheat, 242.49 euros/ton (+0.84 %); corn, 233.09 euros/ton (+0.58%); durum wheat, 298.33 euros/ton (+0.27%) and oats, 270 euros/ton (+0.37%). Barley prices, on the other hand, have fallen slightly, to 224, 86 euros/ton (-0.13%) and those of malt barley ...
Source: Agrodiario

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