Spain: Cereals rise in the Lonja de León, earning 5 euros for barley, 3 for corn and 2 for wheat while suckling lambs and sheep's milk fall sharply

Published Jan 13, 2021

Tridge summary

A recent USDA report indicating a decrease in US corn production has led to a surge in cereal market prices, with increases seen in the Lonja de León market on January 13, 2021. The report also impacted the livestock market, with changes in prices for beef cattle, suckling lambs, and sheep's milk. Cereal prices, including barley, corn, and wheat, experienced significant increases, while the potato prices remained stable. There was a notable drop in sheep's milk, and suckling pigs, especially those under 12 kilos, also saw a decline in price. Live beef prices saw an increase, with females earning a slight raise to 2.85 euros and males raising to 3.60 euros.

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

Original content

Yesterday's USDA report, announcing a significant drop in corn production in the United States, has revolutionized the cereal market as seen in the increases experienced in today's session, January 13, 2021, in the Lonja de León where beef cattle also rebounded while both suckling lambs and sheep's milk experienced a sharp fall. Sharp rise in cereals, especially in the case of barley, which earns five euros to trade at 170 euros, while corn rises three euros to reach 205 and wheat, which starts trading at 192 euros. The straw also earns three euros up to 36 euros, repeating the alfalfa with the branch at 162 euros and the dehydrated at 213 euros. The potato remains at the previous values with the Kennebec at 210 euros per ton while the "sour" loses 10 euros trading at 80 € / T. Significant drop in sheep's milk, which lost 0.003 euros in cheese extract to reach 0.0781 €. The suckling pigs experience the greatest decline with animals weighing less than 12 kilos, falling 1.35 euros ...

Source: Castilla