Durum wheat at a standstill in the world, Europe, and Italy awaiting confirmation from the new campaign

Published Mar 11, 2023

Tridge summary

A generalized downward trend involves other cereals instead. The return of South America is felt in corn, soybeans are still on standby Soft wheat leaves uncertainties behind Italy Markets are witnessing a sharp downward revision of prices, which seems to dismiss geopolitical, energy, etc. doubts and uncertainties.

Original content

A generalized downward trend involves other cereals instead. The return of South America is felt on corn, soybeans still on standby Soft wheat leaves uncertainties behind Italy Markets are witnessing a sharp downward revision of prices, which seems to dismiss geopolitical, energy, etc. doubts and uncertainties . of the recent past to leave room for a return of the markets (availability and prices) to the average, with the synergy of consumption remaining weak and weighing down the prospects. Adequate availability of national strength grains and, extending to Europe and third countries, also of bread-making products. The new harvest proceeds on average despite the climatic uncertainty in the North to be monitored. Exchanges that drop from 10 to 15 euros/ton on all items, with "Bologna-type" wheat arriving in the North falling to 375-385 €/t, with superior bread-making products below 340 €/t and "mixed" grains close to €300/t; Declining Community "base" and strength, stable North ...
Source: Terraevita
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