Spain: Cereals rise slightly in the Ebro fish market while an increase in second-rate forages is expected

Published 2021년 11월 16일

Tridge summary

The USDA report and potential increase in Russian export tariffs have led to a rise in the cereal market, with key commodities like barley, soft wheat, and corn experiencing a slight increase. The forage market is also seeing high demand due to completed harvests, with prices for high-quality bales surging due to low stock levels. The almond market is under pressure, except for the Marcona variety, and the pig market is finding equilibrium with stable prices. The piglet market is showing signs of equilibrium due to increased feed prices and reduced supply. The bird market is experiencing a positive trend with rising prices for both live and processed birds, due to high demand and limited supply. The egg market is also maintaining buoyant demand and prices, while the beef market is seeing a continuous rise in prices in line with European markets. The market for lambs is also experiencing a price increase due to a lack of supply.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The report published by the USDA together with the announcement of a possible rise in export tariffs by Russia have served to encourage the cereal market in a week that until then seemed calm. Barley and soft wheat rose slightly above two euros, in the Ebro fish market, while durum wheat repeated in a calmer market. The rise in corn continues in full harvest. There is demand and the problems to get transport in France keep the positive sign for another week within a campaign with highly expensive fertilizers and fertilizers. (see quotes) FOODS: The forage market maintains its animation in terms of demand once the harvest is completed. The warehouses are currently with very little product available as they have most of the supply committed and pending loading. In the bales, those of extra and first quality, are being the great demanded. As there are few stocks, the operation focuses on second-hand stocks, raising the price strongly. Orders for granules continue to rise, encouraged ...

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