Interprofessional agreement for forage seeds in Italy: 2024-25 campaign price set for certified alfalfa seed

Published 2024년 12월 5일

Tridge summary

The Technical Economic Forage Committee has set the settlement price for certified alfalfa seed at €365/q for the 2024/2025 campaign. The price takes into account a slight increase in production compared to the previous year, low seed prices on international markets, and actual production costs. The price creates difficulties for the industrial Party due to low price levels held by international competitors, but there is support for the sector in the hope of collaboration and growth in the forage sector in the coming years.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Technical Economic Forage Committee that operates within the Interprofessional Agreement for Forage Seeds, which met this morning in Bologna, has set the settlement price for certified alfalfa seed for clean product (i.e. with 0% processing loss) at €365/q for the 2024/2025 campaign. “During the year – said Alessandro Lualdi, President of COAMS, the Consortium of Seed Multiplier Farmers’ Organizations and Coordinator of the Committee – the Committee has constantly verified the evolution of national production and monitored the performance of international markets in order to have all the necessary information and define the fair settlement price for alfalfa seed for the 2024/2025 campaign. The price defined by the Committee takes into account the slight increase in production compared to the previous year, although lower than the average level consolidated in previous years, the low level of seed prices recorded on international markets, as well as the actual production costs ...
Source: Agricolae

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