Spain: Sharp decline in cereal prices in all national markets

The start of the harvest and the increase in stock has already consolidated the price drops in all the large national cereal markets. that have joined the downward trend that was already observed outside the Spanish borders. The blow to prices is significant, and in some cases the decreases exceed 10 euros per ton. This is the general situation in the different cereal markets: The Aragonese market follows the international trail and with very low operations, without yet carrying out many operations, where it seems that buyers are not in a hurry. Barley with good qualities is entering the warehouses and it is expected that more will continue to enter when people return to the fields to work due to the stoppage of the rains. Barley and wheat have experienced drops of up to 5 euros. These declines may be caused by harvest pressure and others by the fall in futures prices. Corn is also down, with little domestic supply, but with ships carrying corn arriving at the port. Significant ...