Greece: Another 15 euros more for the hard wheat in Foggia, with 400 euros for the first quality

Published 2023년 7월 19일

Tridge summary

The commercial center of Italy experienced a second consecutive bullish session, leading to price gains of around 15 euros per ton for Greek production. The merchant warehouse price for wheat with a specific weight of 78 kg/hl and protein 12% is negotiated at 495-400 euros per ton, while the price for second quality wheat with a specific weight of 76 kg/hl and protein 11% ranges from 385-390 euros per ton. Canada's Saskatchewan province continues to suffer from water scarcity, which is impacting the canola crop and may lead to irreversible damage to the durum wheat crop in the coming weeks. As a result, the price of European harvests in the French market has increased to €390 a tonne from around €330 two weeks ago.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The second bullish session in a row in the commercial center of Italy, which directly affects prices for Greek production, records gains for prices of the order of 15 euros per ton in both quality categories. Specifically, for quality wheat with a specific weight of 78 kg/hl, vitreous 70% and protein 12%, the merchant warehouse price is negotiated at 495-400 euros per ton. Also, for the second quality with a specific weight of 76 kg/hl, vitreous 50% and protein 11%, the merchant warehouse price ranges from 385-390 euros per ton. It was preceded by a rise in the neighboring trading center of Bari on Tuesday July 18, where the price of durum wheat wrote €395 a tonne. With reference to the price list in Bari, this is the third of the new trading period, with the rise for Italian durum wheat being around 45 euros per ton, while Canadian durum wheat prices are up by 20 euros, which they climb to 415 euros.. Specifically, the first quality specific weight 78 kg/hl and protein ...
Source: GRAgronews

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