The global cereal market awaits the extension of the agreement for the export of grain from Ukraine but with a moderation of prices
Published Mar 14, 2023
Tridge summary
The cereal markets have started on Monday with prices falling, except for slight increases in Paris, and with expectation before the meeting in Geneva on the agreement to export grain from the Black Sea ports, although the traders have "assumed" that it will be renewed but with the cereal market expects the extension of the agreement for the export of grain from Ukraine but with a moderation of prices. The prices in the Spanish markets and in the reference markets in recent days have registered a downward trend, which reflects the feeling of the operators that the pact will continue, which is added to reports on the harvest gauging that is somewhat more favorable. "We have assumed that the agreement will be renewed, it would be a surprise otherwise," the general secretary of the employers' association of wholesale grain and oilseed merchants Accoe, José Manuel Álvarez, told Efeagro. Even Russia, he has pointed out, is interested in prolonging it, despite his statements, since he is interested in giving out his cereal.
Original content
The cereal markets have started on Monday with prices falling, except for slight increases in Paris, and with expectation before the meeting in Geneva on the agreement to export grain from the Black Sea ports, although the traders have "assumed" that it will be renewed but with The cereal market expects the extension of the agreement for the export of grain from Ukraine but with a moderation of prices. The prices in the Spanish markets and in the reference markets in recent days have registered a downward trend, which reflects the feeling of the operators that the pact will continue, which is added to reports on the harvest gauging that is somewhat more favorable . "We have assumed that the agreement will be renewed, it would be a surprise otherwise," the general secretary of the employers' association of wholesale grain and oilseed merchants Accoe, José Manuel Álvarez, told Efeagro. Even Russia, he has pointed out, is interested in prolonging it, despite his statements, since he ...
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