Cereals, the volatility of soft wheat remains high in Italy

Published 2022년 6월 10일

Tridge summary

The article provides an overview of the current situation and future projections for the corn and wheat markets in Italy and Europe, with a focus on the effects of weather conditions, harvest yields, and the potential reopening of Black Sea supply routes. It highlights the volatility of local and global markets, influenced by various factors such as rainfall in Central Europe, production and consumption trends for the 2022/23 season, and the need for imports to maintain minimum stocks in Italy and France. Additionally, the article touches on the quality and specifications of the crops, including concerns about protein content and health standards, and the impact of high prices on local demand and trade in countries like Spain and Greece. Overall, the situation is delicate, with uncertainties surrounding the quality and quantity of the harvests, and market dynamics closely watched for signs of price fluctuations and balance between supply and demand.

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

Original content

Meanwhile, on the tough side, it ran to hoarding for the next campaign. The prices of corn and various fodder crops are falling Soft wheat, the quality of the 2022 harvest is still a puzzle Italy Waiting for the first cuts, the market is dictated by rumors about the reopening of supplies from the Black Sea, by the positive crop evolution of the new crop (thanks to the cool and rainy climate in the North) and a “food & feed” demand that today directs attention to the origin of Italy, albeit with great caution and lower price prospects compared to current values. Opinion on the evolution of prices remains controversial, with supply and demand struggling to find the right balance especially on the price / quality ratio; "Quality" present and certain in the little old harvest available, but still to be validated in that of 2022 on important aspects, such as specific weight and protein content, with health and phytosanitary aspects which, to date, would not give any problems. Exchanges ...

Source: Terraevita