Italy: the only plus sign is the cattle price, Grana Padano and extra virgin olive oil lose value

Published 2021년 3월 16일

Tridge summary

The article provides an overview of the current state of the agricultural market, with a focus on Italy. It highlights a slight recovery in the cattle market for slaughter, while Grana Padano faces a subdued market and price drops. Parmigiano Reggiano Dop prices remain stable, and there is a slowdown in the trade of raw materials with a decrease in spot milk prices. The market for fats and butters remains strong, leading to price increases. The chicken market sees stable prices, with a situation of excess demand for pharaohs due to holiday dynamics. The pig market sees an increase in prices for slaughter pigs and breeding piglets. Finally, there is a slight decrease in the national average price of extra virgin olive oil.

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

Original content

The only plus sign in the agricultural product lists is the one in the line of cattle for slaughter. Without variations the other types of meat. Grana Padano still yields something, Parmigiano Reggiano Caseari stable, Padano still down, Reggiano stable Even during the last monitored week the trading of Grana Padano Dop continued subdued, with consequent downgrades in prices from 5 to 10 cents above all the exchange centers. For the 4-12 month variety, the average national prices touched 7.41 € / kg, with a cyclical variation of -0.9% and reducing the positive differential on an annual basis to + 4.6%. For Parmigiano Reggiano Dop, the exchanges manage to remain within the norm in all the squares, managing to maintain the values of all the varieties substantially. The market is also slowing down for raw materials, with cyclical downturns of -2.1% for spot milk both in Verona (€ 35.75 / 100 kg) and in Lodi (€ 34.75 / 100 kg). Instead, the exchanges of fats and butters remain good ...

Source: Terraevita