News

Despite contained operations and serious problems to find transport, cereal prices in Spain are still strong and on the rise

Spain
Published Nov 5, 2021

Tridge summary

New positive notes on cereals in the Lonja del Ebro, in line with what is happening throughout Spain. In this market every day it seems that prices are going to peak but they continue to rise. Few long-term deals are closed. There are problems finding transportation and mere needs are met, with buyers hoping prices will improve. Sellers are not in a hurry to get the offer when they see that prices are rising more every day.

Original content

The strong increases in barley with a retained supply, the increases in soft wheat and the more moderate increases in durum wheat stand out. The rise in corn during the season stands out. FOODS: The forage market remains calm with slight positive notes. The marked ones in the granules stand out due to the current upward trend in cereals. The production of the campaign is almost finished, in a sixth cut almost finished and with little to enter the warehouses. The warehouse stock is practically all committed and pending loading. There are fewer problems getting containers on the ships than a few months ago, but there are problems finding transport. DRY FRUITS: The almond market remains with few operations and with few movements on the tablet. The most popular variety is Marcona. As it is the most sought after, its price rises to which is added the little harvest that has occurred this year. PORCINE: The negative sign continues to appear on the pig board. This time with less force ...
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