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

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 ...