Spain: Wheat and barley rise five euros in the Lonja de León to be listed at 377 and 360 €/T

Published May 25, 2022

Tridge summary

The León market in Santa María del Páramo has seen an increase in cereal prices, with wheat and barley now costing five euros more, reaching 377 and 360 €/T respectively, and corn rising three euros to 363 €/T. Rye also saw a two euro increase to 335 €/T, while oat prices remained steady at 354 €/T. The current fluctuation in prices is attributed to conflicting news as the northern hemisphere harvest approaches. Despite some challenges with rainfed crops and the need to monitor the corn harvest, no notable incidents have been reported in irrigation.

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

Original content

New increase in cereals in the session of the León market held today in Santa María del Páramo, although it must be noted that caution must be present this week, since as the harvest in the northern hemisphere approaches, the news , often contradictory and intentional, make prices go out of control and fluctuations both in one direction and in another are unpredictable, although it seems that an adjustment is beginning to be noticed. Five euros earn both wheat and barley up to 377 and 360 €/T, respectively. Corn rises three euros to quote at €363. Rye experiences an increase of two euros to reach €335 No changes to oats at €354 As for the state of the crops in the province of León, the rainfed crops are going to be well below expectations and will probably remain in the middle of the harvest. There are no noteworthy incidents in irrigation and we will be very aware of how the corn harvest is ...

Source: Castilla