News

Spain: Cereals rise slightly in the Ebro fish market while an increase in second-rate forages is expected

Spain
Published Nov 17, 2021

Tridge summary

The report published by the USDA together with the announcement of a possible rise in export tariffs by Russia have served to encourage the cereal market in a week that until then seemed calm. Barley and soft wheat rose slightly above two euros, in the Ebro fish market, while durum wheat repeated in a calmer market. The rise in corn continues in full harvest.

Original content

There is demand and the problems to get transport in France keep the positive sign for another week within a campaign with highly expensive fertilizers and fertilizers. (see quotes) FOODS: The forage market maintains its animation in terms of demand once the harvest is completed. The warehouses are currently with very little product available as they have most of the supply committed and pending loading. In the bales, those of extra and first quality, are being the great demanded. As there are few stocks, the operation focuses on second-hand stocks, raising the price strongly. Orders for granules continue to rise, encouraged by high cereal prices. DRY FRUITS: The almond market, pressured by a new drop in the American almond, continues with little operation in the Ebro fish market and registers negative notes in many varieties. The Marcona variety maintains a stable demand and is the only one that registers a rise. There is also a demand for the stringer and a quote is repeated. ...
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