Italy: Soft wheat and sorghum are still declining, and barley is stable

According to Bmti findings, soybeans also remain unchanged, although futures prices record a slight increase overseas In the first week of March, compared to the previous week, further declines were recorded for soft wheat and sorghum, while barley remained stable. In the absence of significant developments, the price of domestic soybeans remains stable, while soybean meal suffers a decline also due to the euro-dollar exchange rate. Protein sunflower meal is falling, while the prices of rapeseed meal and wholemeal sunflower meal remain stable. Soft wheat, the declines continue The fodder cereals sector continues to be characterized by a prevalence of supply over demand, with good product availability on the market. The weakness of the wheat market is reflected in the price of wheat for livestock use in Bologna, which recorded a decrease of €5/t on the minimum price, positioning itself at €210 - 215/t (free on arrival), while the variation over the for twelve months it is -27%. ...