Durum wheat, the market in Italy according to Barilla

게시됨 2024년 4월 3일

Tridge 요약

The article provides insights into Barilla's durum wheat purchasing strategies and its support for the durum wheat market, highlighting Turkey's growing role as a significant exporter. Barilla, traditionally sourcing wheat for the Italian market from Italy, also buys from abroad for its international products, blending grains from various origins. Despite challenges leading to a decline in Italian durum wheat areas, Barilla is committed to supporting local production through supply chain contracts. The piece also discusses the importance of Euronext futures in enhancing market transparency and managing volatility, countering the notion that such tools merely fuel speculation. Barilla's positive experience with soft wheat futures underscores the benefits of these instruments for all market participants, from farmers to the processing industry.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

An interesting interview with Gustavo Savino, Barilla's durum wheat purchasing manager, was published on the “Durodisicilia” blog. Below is an excerpt. The new harvest in Italy How do you see the market between now and the new harvest? Do you foresee one or more new auctions to sell turkey before the harvest? «For decades the market driver has been Canada, the main producer and exporter of durum wheat. Last summer, Turkey became the main supplier of durum wheat to Mediterranean countries. In just a few months, as a historically importing country, it was able to export over 1 million tonnes. For sure, Turkey will still be an important exporter in the next campaign. This year Turkey has increased the sown areas by at least 10%. 40-45% of the Turkish crop is irrigated and guarantees very high yields (up to 7 t/ha). We expect greater availability of durum wheat on the market compared to last year." Barilla's purchases abroad How much wheat does Barilla still have to purchase before ...

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