Wheat prices in Italy while Canada raise prices

The Italian Ministry of Industry gave a signal of purchases and imports to the pasta industries, in order to supply as many quantities of durum wheat as possible. In the wake of the developments, markets in Europe and Canada became more active and continued to rise more dynamically, which began hesitantly last week, driven mainly by the image given by the index to common wheat. Foggia strengthened by 10 euros per tonne, regaining the level of 540 euros for the first quality of hard. Canada sells for 542 euros, without shipping. Limited stocks, as well as concerns about complications in the upcoming production, come to further ignite the potential for growth in the market, with analysts not ruling out the possibility of a return to the historic high of 560 euros per tonne in the following days. Production complications have to do with the high cost of supplies and oil, according to the Italian press, which discourages many producers from neglecting crop care. Droughts in Spain and ...