Spain: Russian attacks on agricultural facilities strain the wheat market as corn and barley prices rise

Published 2024년 3월 18일

Tridge summary

The wheat market is experiencing tension due to Russian attacks on Ukrainian agricultural facilities, leading to slight price increases in some Spanish provinces despite an overall downward trend. Meanwhile, corn, barley, and malt barley prices have seen minor hikes due to opportunistic purchases and a lack of rain in the US. However, these cereals' prices have significantly dropped compared to January 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Wheat markets have registered tensions due to the Russian attacks on agricultural facilities in Ukraine, while the prices of corn and barley have risen due to news about the US climate, as sources from the wheat association informed Efeagro this Monday. Accoe wholesalers. Cereal prices have registered slight increases in Spanish markets in the last closed week (until Friday the 15th), in the case of barley and corn; In wheat, the average price has been downward but slight increases have been recorded in some provinces. In the case of wheat, the market due to the Russian attacks on Ukrainian agricultural facilities has led to tensions: the average price of common wheat has fallen by 1.36% compared to the previous week, to 212.32 euros/ton. However, soft wheat has experienced local increases in Aragón, Valencia, Girona, Tarragona, Barcelona, Huelva, Cádiz and Palencia, according to Accoe data, which does not include prices for the durum wheat variety. Despite these movements, the ...

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