Italy: Durum days, scenarios and prospects of the wheat-pasta supply chain

Published 2024년 5월 16일

Tridge summary

The 2023/2024 season has been catastrophic for Italian durum wheat, severely affecting the local pasta industry as Turkey overtakes Italy in production and exports. Adverse weather in regions like Puglia and Sicily has led to poor yields and quality, with global stocks at historic lows. While North America is expected to boost production next season, Italy faces a significant decline, prompting the Bologna stock exchange to introduce a new product category. The 'below mercantile' quality, with protein levels under 11%, has emerged, causing a wide price gap between high and low-quality wheat. The 'fino' quality has tripled in price, and Europe is projected to see a 2% production drop, contrasting with increases in Canada, USA, Russia, North Africa, and Turkey.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The debacle of Italian durum wheat in the 2023/2024 campaign does a double with the made in Italy pasta industry. This year, Turkey, which has been the great protagonist in the world market in the production and export of raw materials, has also become the first global pasta producing country (which it obtains, however, with hard and fine mixtures), surpassing the Italian record of exports. His pasta packages cost at least 20-30 cents less than our local ones. Meanwhile, the research continues and three days ago, the first field test was carried out on 28 m2, in a rice field in Pavia, with a rice variety modified through the use of TEA. This is what emerged during the Durum Days which was held today in Foggia and which took stock of the situation on the Italian and international market of this primary commodity as well as the state of the art of research and the new tools available to producers . The tension of the Italian producers present at the meeting (especially those from ...

Source: Agricolae