# World cereal prices continue to fall

> Spanish trade association Accoe reports European cereal prices fell in the latest week, with soft wheat down 1.75% to €255.53/t and barley down 1.71% to €233.74/t. Year-to-date declines are large, with soft wheat down 23.60% and corn down 17.54%.

- Date: 2023-08-29 · published 2023-08-29T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/34645-world-cereal-prices-continue-to-fall
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Barley](https://feedsoft.ai/c/BARLEY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Ample European and global supply keeps cereal prices under pressure, which favors lower feed grain costs for European buyers. Weather-driven rallies would be needed to reverse the trend.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼
- BARLEY: bearish ▼

## Sources

- bitfinance.news: https://bitfinance.news/en/world-cereal-prices-continue-to-fall/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.