Durum wheat in Italy: Prices stable, but imports increase

Durum wheat, the wait-and-see phase continues Italy Static wait that persists on the national markets. Not very lively trade, with attention to official data from overseas and to the “any origin” supply estimates for the second part of the campaign. Arrivals of non-EU goods continue to supply a market that this year will depend even more on imports, given a deficit (on paper) of almost 3 million/ton. Prices unchanged awaiting news from the markets and the (uncertain) sowings Italy 2024. The national hard “Fino” always at 340 euros/t delivered to the mill, with the “merchant” in the North at a discount of 20-40 €/t, and in the South of 10-30 €/t. Europe Week that finds new interest in exports, after the result of the Tunisian purchase auction, while at local level trade is marking time, given an adequate level of coverage of users and the hope of mills to receive lower prices in the first part of 2025. Italy remains the main destination of the community offer, which shows signs of ...