The rise of soy continues. New rise also for barley

According to BMTI analysts, the pressure on the international oilseed market is due to the increase in Chinese demand and to fears about the US harvest, affected by drought. wholesale of soybeans. The increases registered in the Italian market continue to find their cause beyond national borders. That is in the strong Chinese demand that is currently registered in the international market. In particular, of soy of US origin, and in fears of damage to the American crop due to the water deficit that is affecting the main producing states of the United States. Fears that have already been confirmed in the monthly report by the USDA - the United States Department of Agriculture - released last Friday, which cut estimates on American production and stocks by 3 and 4 million tons respectively. Returning to the Italian market, among forage cereals, further signs of increase were found for barley, supported by a moderate demand, while the prices of sorghum remained stable. The rise in ...