Canada is aggressive in sales, soft 322 euro durum wheat in Foggia

게시됨 2024년 12월 5일

Tridge 요약

The article examines the potential threat to the durum wheat market, focusing on the trade relationship between the US and Canada. The US heavily relies on Canadian durum wheat imports, and any disruption could alter global grain supply dynamics. Canada is actively expanding its sales, including a recent shipment to North Africa and participation in government tenders. Tunisia's purchase of 100,000 tonnes of durum wheat at competitive prices has slightly affected the Italian market, causing minor price adjustments. The article also highlights the price variations in different wheat quality categories in Italy, noting that Turkish durum wheat remains the most expensive.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

The threat, while difficult to realize, directly affects the durum wheat market as the US has historically imported between 12 and 37% of Canada's durum wheat crop, with an average of 25%. In the small (for now) case that the threat materializes, then the entire grain supply will be affected, which essentially means that the country will seek to reduce the hashura by exporting cheaply to Europe and Asia, which by definition can due to large tonnage. After all, 25% of an average Canadian production equates to about 1.2 million tons of durum wheat, an amount close to 10% of the world harvest, but of low quality. Beyond that, from the second half of November Canada anyway started to speed up its sales, sending a ship to North Africa for the first time, while actively participating in government tenders. Most recently, Tunisia bought 100,000 tonnes of quality crude for December-January delivery at $348.71-$349.49 per metric ton CIF, or €330-331 per ton CIF. The Canadian Viterra closed ...

출처: GRAgronews