Despite contained operations and serious problems to find transport, cereal prices in Spain are still strong and on the rise

Published 2021년 11월 4일

Tridge summary

The agricultural market in the Lonja del Ebro is experiencing a surge in cereal prices, including barley, soft wheat, durum wheat, and corn, due to limited long-term deals, transportation issues, and the hope for future price drops. The forage market is calm with slight positive trends, especially in granules due to the rising cereal prices. The almond market is seeing few transactions with a rise in prices due to the popular Marcona variety and a scarce harvest. The pig market is showing positive signs due to increased demand and lower supply, with a continued rise in piglet splint prices despite pressure from foreign supply and the fat market. Chicken tablet prices are also on the rise due to high demand and limited supply. The male bovine carcass market is experiencing positive notes due to high demand both nationally and internationally, while the female bovine carcass market is more stagnant. The lamb market is seeing a continuous rise in prices due to limited supply and high demand.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

New positive notes on cereals in the Lonja del Ebro, in line with what is happening throughout Spain. In this market every day it seems that prices are going to peak but they continue to rise. Few long-term deals are closed. There are problems finding transportation and mere needs are met, with buyers hoping prices will improve. Sellers are not in a hurry to get the offer when they see that prices are rising more every day. The strong increases in barley with a retained supply, the increases in soft wheat and the more moderate increases in durum wheat stand out. The rise in corn during the season stands out. FOODS: The forage market remains calm with slight positive notes. The marked ones in the granules stand out due to the current upward trend in cereals. The production of the campaign is almost finished, in a sixth cut almost finished and with little to enter the warehouses. The warehouse stock is practically all committed and pending loading. There are fewer problems getting ...

Source: Agroinformacion