World: The cereal market awaits the extension of the agreement to export from the Black Sea with moderate prices
Published Mar 14, 2023
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. 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 Accoe, the employers' association of wholesalers of grains and oilseeds, Accoe, José Manuel Álvarez, told Efeagro. Even Russia, he pointed out, is interested in prolong it, despite his statements, since he is interested in selling his cereal. PRICES This Monday, the European stock market operator Euronext in Paris has registered slight ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.