Italy: With milk in the throat

Published 2021년 9월 27일

Tridge summary

The article highlights the significant increase in the cost of animal feed, with corn and soy prices surging by 50% and 80% respectively, causing a crisis for many farmers, especially milk producers. The price of milk for other destinations in Italy is currently below production costs, leading to negotiations for a new milk price at the farm and processing industry level. The situation is further complicated by the severe drought in Canada, which has reduced durum wheat production and led to a spike in prices. Additionally, concerns have been raised about the naming of a Croatian wine, Prošek, which is similar to the name of the Italian wine Prosecco, potentially leading to consumer confusion. The article also touches on the United Nations Secretary General's call for sharing food rather than treating it as a commodity in the context of a summit on food systems and the goal of eradicating hunger by 2030.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Feed to the stars and ranchers on the pavement. The expensive cereal will continue. New alliances to battle the Prosek. A plan for organic. Who would like to ban wine. Food waste is still too high. Oil, the South holds and the North falls. Dear wheat For the moment, Italian durum wheat is at lower prices than the Canadian one, which is 60 euros per quintal. But it is presumable that even the Italian product will not maintain lower prices for a long time, to soon align itself with the values of the international markets. These predictions are made by Vincenzo Divella, managing director of the pasta factory of the same name, one of the largest in Italy, in the interview with "La Verità" on 20 September. The spike in prices is largely linked to the severe drought that has occurred in Canada, which has halved its harvests. With Canada being the world's largest producer and target market for the pasta industry, price pressure was inevitable. Italy, Divella recalls, imports from 20 to ...
Source: Agronotizie

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