Further increases for barley, soft wheat, and sorghum in Italy

Published 2024년 10월 21일

Tridge summary

The article examines current trends in the livestock feed sector, noting a bullish phase for domestic soybeans with an 8% price increase from last year, while foreign soybeans and soybean meal prices are declining due to global market influences. In the feed grain sector, there are slight price increases for soft wheat and sorghum, with stable domestic barley prices in Bologna and a decrease in Milan. The article also highlights the first trades for domestic soybeans, showing an annual price increase despite a recent dip, and mentions rising rapeseed meal prices, while sunflower meal prices remain stable.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Bmti surveys, the bullish phase of most references continues in the livestock feed sector. First prices for domestic soybeans Among the raw materials used in livestock feed, domestic soybeans are back in price, settling at around €435-440/t on the main national commodity exchanges, a level approximately 8% higher than the opening price of last year. On the other hand, prices of foreign soybeans and soybean meal continue to fall, driven by the decreases in international prices. Rapeseed meal is also falling, while sunflower meal remains at the levels of the previous week. In the feed grain sector, slight increases were observed for soft wheat and sorghum prices, which still benefit from the quality problems of corn. Domestic barley maintains the prices of the previous week, while the community product records decreases, reflecting the fluctuations of the European market. Barley stable in Bologna, rising in Milan After the increases of the past few weeks, the prices of ...
Source: Terraevita

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