Wheat, barley, corn, soybeans, sugar, palm oil… The fever over the prices of agricultural raw materials, which started last summer, has not subsided.
Bad harvests in Europe, protectionist reflexes linked to the health crisis and speculation on globalized markets have thus boosted wheat prices by 20% over the past year, by 30% for malting barley and maize, by 40%. % on soybean meal which feeds livestock and up to 50% for sunflower oil.
In other words, levels never reached for cereals and oilseeds for eight years.
Beyond the reasons already mentioned,
"it is really the boom in demand in China, leading all countries to purchase, which is causing this long trend,"
explains Sébastien Poncelet, director of development at Agritel, the specialist in agricultural risk management.
The causes are multiple, including stocks which seem to be at their lowest in the Middle Kingdom despite official data, favorable monetary parities and
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