Spain: Cereal slowdown in the Lonja de León where the prices of the previous week repeat

After several weeks of strong rises, cereals seem to take a break and repeat the values of last week in the session of May 19 at the Lonja de León, where only the slight rise in suckling lambs stands out. As for the repetition of cereal in all categories, after the hit on Thursday and Friday in the international markets when investment funds made cash. This week, prices in these markets have been more stable and the fundamentals of the previous increases are still there, especially in corn (lower stocks, large consumption in China and drought in Brazil). With regard to wheat, the harvest is already close and therefore the markets are more aware of the repercussions that the abundant rains that are falling in the main producing countries may have on production. Wheat remains at 221 euros, barley at 201, with oats at 176, rye at 183 and corn at a price of € 251 / T. The positive note of this week is marked by the suckling pigs that rise slightly, earning 0.3 euros in such a way that ...