The price of corn is plummeting, leaving farmers selling at a loss in a drought-stricken season: "We're not going to cover our costs."
World1 source1 country🔦 Under-reported43m ago
Spanish corn farmers are facing severe financial distress as market prices have plunged to approximately 250 euros per ton. This price drop occurs amid a drought-stricken campaign and leaves producers selling at a loss, as they require at least 300 euros per ton to cover their production costs.
According to agricultural representatives such as Ignacio Huertas, the current market conditions mean that farmers will fail to cover their operating expenses, threatening the viability of their agricultural operations during an already challenging climatic season.
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How the coverage differs
Same story, different emphasis — here's what each outlet chose to lead with.
Infobae (Buenos Aires, Argentina) (AR) - ElectricityFocuses on the rise of wholesale electricity and gas prices in Madrid.
Infobae (Buenos Aires, Argentina) (AR) - CornFocuses on crashing corn prices and farmers selling at a loss.