The prices of the main cereals rise, except for corn and malt barley in Spain

Published 2021년 8월 10일

Tridge summary

The article highlights the recent trend in wholesale cereal prices in Spain, as reported by the Association of Trade of Cereals and Oilseeds of Spain (Accoe) for the week 31, from 2 to 8 August 2021. It notes an overall increase in prices for the majority of cereals, including durum wheat, oats, common wheat, and barley, with the exception of maize and malt barley which showed no change. The price hikes range from 0.96% to 7.44% compared to the previous week. Throughout 2021, these cereal prices have experienced significant increases, such as durum wheat by 33.27%, corn by 26.64%, and barley by 14.82%. In contrast, protein and co-products like soybeans and rapeseed have seen price decreases of 14.35% and 3.33% respectively since January 2021. However, the prices for sunflower seeds and pulp have surged by 18.58% and 20% respectively over the same period.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The prices of the main cereals have continued to rise in the wholesale markets during the last week, except in the cases of maize and malt barley, which have remained practically unchanged, according to the data released by the Association of Trade of Cereals and Oilseeds of Spain (Accoe) for week 31, from 2 to 8 August. The price of durum wheat rose 7.44% compared to the previous week, to 369.60 euros per ton; followed by that of oats, which increased 2.8% (201.25 euros per ton); that of common wheat, which increased by 2.51% (233.58 euros per ton); and that of barley, which grew 0.96% (212.48 euros per ton). The only cereals that kept their prices unchanged were malt barley, which continued to be sold at 212 euros per ton, and corn, whose price fell by just 0.07%, with 265.87 euros per ton. The evolution of wholesale prices since the beginning of 2021 continues to be positive for durum wheat (+33.27%), corn (+26.64%), barley (+14.82%), soft wheat (+ 9.89%), malt barley (+ 8.16%) ...

Source: Agrodiario