Pressures intensify on the European grain market, Foggia loses another 20 euros

The second quality, which also meets the specifications of the basic volume of Greek exports, has now receded to the region of 453 euros, which implies further pressure on the "Greek FOBs" which until last week were hardly paid at 410 euros per ton. The prices in the Italian market are now very close to those with which transactions are made in the physical market of France, which for several weeks has been stabilized at 460 euros per ton. Foggia has lost a total of 30 euros since the beginning of the year, that is, within the first three meetings held in the trading center, with the third falling list following the negotiations that took place at midday on Wednesday 25 January. Now, in durum wheat, the prices on the Foggia list indicate for quality wheat with a specific weight of 78 kg/hl, vitreous 70% and protein 12%, a merchant warehouse price of 460-465 euros per ton. For the second quality with a specific weight of 76 kg/hl, vitreous 60% and protein 11.5%, the merchant ...