Spain: The fear of war returns to the León market, with a general rise in the price of all categories of cereals
Spain
Published Sep 22, 2022
Tridge summary
Widespread rise in the price of all categories of cereals The foreseeable increase in the escalation of violence in the Russian-Ukrainian conflict may once again put pressure on the cereal market, although it is difficult to anticipate the consequences it will have in the medium term. On the one hand, the agreements reached with Turkey to open Ukrainian ports and export cereals are now opposed by a reactivation of the conflict by Russia, which can even mobilize reservists in the face of Ukraine's advance in the separatist areas that threaten a referendum to join Russia.
Original content
Widespread rise in the price of all categories of cereals The foreseeable increase in the escalation of violence in the Russian-Ukrainian conflict may put pressure on the cereal market again, although it is difficult to anticipate the consequences it will have in the medium term. On the one hand, the agreements reached with Turkey to open Ukrainian ports and export cereals are now opposed by a reactivation of the conflict by Russia, which can even mobilize reservists in the face of Ukraine's advance in the separatist areas that threaten a referendum to join Russia. Thus, in the session of the León market held on Wednesday 21, there was a general rise in the price of all categories of cereals in line with the nervousness that prevails in international markets. In the bean sector, the Cinnamon and Riñón de León varieties have started to be listed today at €1.60/kg and the Redonda at €1.35/kg. Where a general rise in the price of sunflower has not been seen, which has repeated the ...
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