Italy: Zootechnical feed, soy continues to rise again

Published 2023년 6월 19일

Tridge summary

The article reports on the current trends in the agricultural market, highlighting the rise in soybean prices due to increases on major international exchanges, while protein meals, including sunflower and rapeseed, are experiencing a downward trend. The prices of sunflower and rapeseed protein flours are also reducing, and concerns are raised about the quality of the upcoming barley crop in the European market. Despite the quality concerns, European cereal trade association, Coceral, predicts a significant increase in the Italian maize harvest. The soft wheat prices for zootechnical use remain stable as as the prices of fodder cereals and livestock raw materials at the end of the campaign.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Bmti surveys, however, protein flours give way, with reductions for both sunflower and rapeseed. Stable soft wheat The rises in the prices of soybeans listed on national commodity exchanges continue, in the wake of the increases recorded on the main foreign exchanges. On the other hand, the current downward trend of protein meals is confirmed, with weekly declines for both sunflower and rapeseed. Soybean flour is also back down. Among fodder cereals, the climate of anticipation for the arrival of new crops on the market prevails. For barley, which is not yet listed, there are still concerns about the quality of the grain. Livestock grains are still listed, stable and marked by limited exchanges. Soy prices continue to rise Second consecutive week of hikes for soybeans. On the Bologna market, the prices of foreign soybeans returned to 475-488 €/t (free arrival), gaining 2.4% compared to the previous week. However, the drop compared to the previous year remains large, ...

Source: Terraevita