World: Wait-and-see positions prevail for durum wheat

게시됨 2024년 11월 15일

Tridge 요약

The article provides an overview of the current situation of soft wheat and corn prices in the Italian market, highlighting their stability due to the import of EU and foreign goods. Despite uncertainty in supply and profit margins, particularly in the South, demand remains strong, with main destinations in Italy and northern Spain. Europe's little supply, with some from Greece and France, contributes to consolidating stock exchanges. In Paris, there has been a drop in prices, stimulating local demand and revitalizing trade. The approach of Southern Hemisphere harvests and adequate product availability on international commercial channels have led to a decrease in prices. However, the potential impact of the pandemic on consumption and the availability of corn suitable for cattle feed continues to be a concern.

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

원본 콘텐츠

The moment of static prices continues, also thanks to the arrivals of goods from abroad, which stabilize the stock exchanges. The price lists of soft wheat and corn are also at a standstill Durum wheat, unchanged trade scenario Italy The trade scenario does not change, which sees little trading activity with substantial holding of prices in the North and signs of a decline in the South (Altamura). Starting prices around 320 for the national “Fino”. There is uncertainty both for the supply of what is still missing to cover the campaign deficit, and for the 2024 sowings. Especially in the South, the lack of rainfall and the estimates of narrow profit margins per hectare are weighing heavily, given the current level of prices at origin. The arrivals of EU and foreign goods stabilize the stock exchanges, with starting prices for “Fino” around €320-328/t with merchant ships around €270-300/t. Europe Little supply, however present from Greece and France, where sowings limit the trading ...

출처: Terraevita