Hungarian soft wheat exports are slowing down; Italian mills and bakers are at risk of stopping

Published 2022년 3월 9일

Tridge summary

The article highlights concerns about the potential unavailability of flour for bakery, pizzeria, and confectionery productions due to the Hungarian government's decision to limit exports and a possible blockade by Russia and Ukraine. Agricultural consortia in Italy are urging the European Union to keep markets open. The situation has led to a significant increase in soft wheat and corn prices in Italy, with non-Community corn for zootechnical use reaching 400 euros per ton, the same price as food use. The milling industry is facing risks due to these price hikes and the difficulties in obtaining national tender grain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Italmopa fears that it will not be able to insure all the flour for bakery, pizzerias and confectionery productions. Appeal to the European Union also from Agricultural Consortia of Italy to keep the markets open. Patuanelli meets Agrinsieme, farmers ready to fully employ land. Mef studies limits on the export of agricultural raw materials The winds of war have definitely alarmed the world of soft wheat, but now Hungary's move is at the center of attention, which - probably in an attempt to stop the race to the rise in domestic prices of cereals - has ordered the export with state authorization, a form of restriction very close to the blockade. Export licenses are a war measure, also adopted last Sunday by the Government of Ukraine, but the export of that country to Italy is not such as to significantly affect our country in terms of supplies. Instead, many mills could run out of soft wheat in the coming days precisely due to the provision of the Hungarian government, which it is ...
Source: Agronotizie

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