
Farmers in Aragón say diesel and fertilizer costs have risen by more than 40%, while sowing a hectare of rain-fed cereal now costs over €800. UAGA warns that poor profitability is likely to reduce the area planted this season.
Higher input costs may curb cereal acreage in the region, potentially tightening local grain supply and supporting wheat prices. Rising diesel costs also add pressure to farm production expenses.
After 57 past bullish macro events, Wheat (SRW) moved a median +0.3% over 5 sessions (65% higher; middle half -0.5% to +1.7%), and -0.7% over 20.
After 105 past bullish macro events, ULSD / Diesel moved a median -0.4% over 5 sessions (45% higher; middle half -3.4% to +1.8%), and +1.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.