Spain: Geopolitical tensions push up cereal prices

Cereal prices have started the week with increases, after a week of "a lot of pressure" in the international markets, in which the "growing geopolitical tension" is decisive, according to sources from the Spanish trade have informed Efeagro. The situation is reflected in the Spanish markets, because in the midst of so much volatility, "operators and farmers are moving in uncertainty, waiting for notifications that clarify the direction of prices," according to sources from the wholesale cereal and oilseed merchants' association Accoe. This Monday, the European stock market operator Euronext in Paris has recorded increases in wheat prices of 1% and 1.5%, while corn prices have rebounded to 4.25% - in the case of futures contracts dated November 2025. Wheat is up 3.25% to 3.75% on the Chicago Board of Trade, while corn is down slightly, down 0.75%; the US is the world leader in corn trading. "Geopolitical tension, which is growing globally, has ended up becoming a determining factor ...