Spain: Rapeseed prices drop by 30 euros in the León market while barley falls by 18, and corn by 13
Maize (Corn)
Barley
Canola Seed & Rapeseed
Spain
Published Jul 7, 2022
Tridge summary
The price of wheat starts at 333 euros, oats at 318 and triticale at €325/T.
Original content
The price of wheat starts at 333 euros, oats at 318 and triticale at €325/T Session of strong falls on July 6 at the Lonja de León with strong falls in rapeseed, which lost 30 euros to 590 euros per tonne, barley fell 18 euros to stand at 318 €, while the drop in corn was of 13 euros to mark a price of 340 €. The price of wheat starts at 333 euros, oats at 318 and triticale at €325. The fear of a world recession, they say from the Lonja de León, has convulsed the commodity markets and is driving away the investment funds that are liquidating contracts, added to this is the collapse in the price of oil, the strengthening of the dollar , and the harvest in the northern hemisphere that expands the supply of cereals. Faced with this situation, feed manufacturers are delaying purchases, although their stocks are limited and some sessions in green numbers would help ...
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