World: Increase the field deficit for soft, hard wheat and corn

Published 2022년 7월 1일

Tridge summary

The article provides an overview of the current state of the European and global agricultural markets, with a focus on the impact of drought and weather conditions on crop yields and quality. It highlights a general decrease in yields and quality, particularly in southern Italy, and notes that trading has resumed with prices set according to expectations and mills' requirements. The article also mentions the effect of the Russian-Ukraine conflict and the latest USDA sowing estimates on the market. In Italy, there are concerns about a potential decrease in semolina yield due to lower yields and quality, although the situation is attenuated by the latest USDA news. Europe's 2022/23 commercial scenario is outlined, with France and Greece being the main Community origins for wheat, and export opportunities being reduced due to pressure from North American supply. The article also touches on the speculative offer of operators and the sowing intentions in Australia.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

There are fewer yields overall and the drought nightmare remains. Limited trade for barley, soybean and rapeseed fall Soft wheat, yields fall and Italy price lists Quotations on national markets reopen with the achievement of half of threshing. A significant drop in yields and product specifications with lower specific weight but high protein content is confirmed; milling quality (W, P / L and stability) which varies from area to area for an average generally with good characteristics, but probably lower than 2021. Trading that resumes given a level of prices in line with expectations and a low level of coverage of the mills, which require commercial continuity. The grains of strength start from a 410-415 € / t starting with the second and third class at a discount of 40 € / t and 50 € / t; community aligning with the domestic and foreign ones decreasing. Europe Weather conditions in the center of the continent remain the main market factor. The concomitance of the beginning of ...

Source: Terraevita