FAO cereal price index down in November
Global wheat, barley, sorghum, and rice prices declined in November while maize prices remained stable.
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Global wheat, barley, sorghum, and rice prices declined in November while maize prices remained stable.
The EU-Mercosur agreement eliminates over 90% of tariffs but faces challenges due to agricultural and environmental concerns.
The decline was mainly due to lower international pig meat prices.
The price is not expected to change in the coming weeks, provided nothing extraordinary happens.
The growth is driven by poultry and bovine demand. Pig meat output is expected to decline.
Global wheat, maize, and barley prices rose while sorghum and rice prices declined month-on-month.
International pig meat prices fell the most, reflecting increased slaughter in Western Europe amid weak domestic and foreign demand.
Spain has had three consecutive months of declines, which have resulted in a 14% decrease. Despite this, Spain continues to lead pig prices in the EU. The question is how far these decreases will continue.
Decreased production and apparent consumption are expected, as well as greater dynamism in the international pork trade.
After declining for three consecutive months, global wheat prices increased in September. World maize prices also increased.
World pig meat prices were unchanged, with global supplies adequately covering increased demand.
September is ending, leaving behind a trail of staggered decreases in the pig price in Spain. This is nothing new; many years tend to be like this.
In total, 2,483199 head were slaughtered and approved for consumption in the first half of 2024, 0.15% more than in 2023.
Argentina regains ground in the global soybean meal market, overcoming the effects of the 2023 drought. Consolidation of the sector is essential to maintain global competitiveness.
Global wheat and barley export prices fell month-on-month while maize, sorghum, and rice prices increased.
World pig meat prices decreased for the second consecutive month due to lackluster import demand.