Monthly and weekly rise in cereal prices in Spanish markets

Cereal prices have risen in the last week in Spanish markets and so far this month they have accumulated increases of more than 3% in soft wheat and barley, but they are sold cheaper than at the beginning of the year, according to information provided to Efeagro by the wholesale merchants' association Accoe on Monday. In the last week closed (until Friday), the prices and their changes with respect to the previous one were: in soft wheat, 224.00 euros per tonne (+0.87%); corn, 227.09 euros/tonne (+0.32%); barley, 206.85 euros/tonne (+1.12%); malt barley, 212.5 euros/tonne (+0.47%); and durum wheat, 277.75 euros/tonne (-0.53%). Cereal prices began September with an upward trend and, according to Accoe, the monthly increases have been as follows: soft wheat, 3.38%; corn, 2.42%; barley, 3.49%; malt barley, 1.19%; and durum wheat, 0.54%. The upward trend of the last week, according to Accoe sources, is due to a "rebound" in prices, due to factors such as the forecasts of the European ...