Durum wheat, wait-and-see positions awaiting the response from the threshers in Italy
Soybean
Published Jun 24, 2023
Original content
The quotations remain stable on the Italian markets, but at an international level there are already upward pressures. Soybeans are flying again, maize is also on the rise Soft wheat, new harvest and geopolitical uncertainties are the bullish factors Italy Harvest has just begun with responses to be verified, although it could be a crop not affected (as estimated so far) by high toxin levels, but with reference to 2022 with a drop in yield/ha and product quality (specific weight) and average protein content. Demand that waits to fully understand the quality to be negotiated, with a cautious offer in guaranteeing the specifications; more certainties with next week. It remains to place the volume of grains of national strength, while the "mixed" homegrown old crop is finished. Commodity Exchanges which maintain the choice not to quote local wheat, with EU and foreign markets recovering above all in strong grains: EU bread-making products out of 255 arrivals and EU strengths around ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes.
To learn more about our cookies, please read our Privacy Policy.