Mercolleida has been accepted this Thursday, October 12, as a new member of the European Trade Exchange. This association brings together the main markets and operators in the cereal and animal feed sector in Europe and organizes a fair every year attended by operators from all over the world. This year, it was held in Warsaw on October 12 and 13 and was attended by more than 3,500 operators.
Coinciding with this fair, the European Trade Exchange held its General Assembly, also in Warsaw. One of the items on the agenda was the presentation of the Mercolleida Agricultural Market, made by the general manager, Miquel Àngel Bergés, who explained the work done by Mercolleida in setting reference quotes for the cereals used for animal feed and the daily distribution of information (national, European and global) related to this sector. The General Assembly of the European Stock Exchange has voted and unanimously approved Mercolleida’s entry into the European organization. This new distinction entitles Mercolleida to organize the European Trade Exchange fair in our city.
Anothers recognized
Mercolleida had already been recognized this past spring as a State Market of Reference by the Generalitat de Catalunya and the Ministry of Agriculture, Fisheries and Food. In addition to the weekly fixing of reference quotations for cereals and other raw materials used in animal feed, Mercolleida prepares daily information on this market. Thus, among other aspects, prices traded in Europe, Ukraine, Russia, Brazil and Argentina are monitored daily, in addition to the Chicago and Matif futures markets and any relevant information (foreign trade, harvests, consumption, etc.).
Since the start of the war in Ukraine, Mercolleida publishes a daily “Parte de Guerra” with prices operating in the Spanish market (national and import type), references from other raw materials markets and information on news of interest of the world cereal market. Mercolleida quotations are used as a reference by a large part of the Spanish cereal and manufacturing sector and also consulted by European operators.
The European Stock Exchange was created in 1961, at the initiative of the professional stock exchanges of Mannheim (Germany) and Strasbourg (France), establishing its headquarters at the Strasbourg Stock Exchange. Over the years they have spread to 38 stock exchanges in 12 different countries.
Its nickname and projection far exceed the framework of commercial businesses proper. The stock exchanges are not stock exchanges in the usual sense of this expression, but are grain markets that bring together operators in the grain, feed, animal feed and other related products sector as well as related services, such as , banks, transport, insurance, etc.
Its first objective is the organization of “days”. Every year it takes place in one of the most important cities in Europe. Through the increasing success of the aforementioned meetings, the European Stock Exchange strengthens the representative nature of the activities of the member Stock Exchanges. They constitute an exceptional occasion for the meeting of the operators of the cereal sector, to discuss the prospects of the market and to establish commercial contacts. The 63rd edition of the European Trade Exchange takes place this year on October 12 and 13, 2023 in Warsaw.
