News

Italy: Durum wheat, the American markets are waiting for the rain

Durum Wheat
Italy
Published May 20, 2022

Tridge summary

Prices in the US and Canada are volatile because yields remain unknown, while sowing slows down. Significant increases in Italy both on the wholesale markets, in Foggia, Rome, Bari, and Altamura, and originally in Perugia, Ancona, and Macerata The international markets for pasta-making durum wheat in the last week have been extremely volatile and nervous: the problem drought is starting to affect sowing - durum wheat in North America is grown in a short spring-summer cycle - and source and wholesale prices in Canada are recovering sharply, even if they are about to lose momentum. Meanwhile, on May 17, 2022, the futures index on durum wheat in Chicago signals another increase of 0.78% over the last 5 days, while on May 13 the Fob price, Free on Board, of the Cwad, Canadian Western Amber Durum, premium quality 13% protein has slightly revived, reaching 441.65 euros per ton, but only thanks to a slight depreciation of the Euro currency against the Canadian currency.

Original content

Prices in the US and Canada are volatile because yields remain unknown, while sowing slows down. Significant increases in Italy both on the wholesale markets, in Foggia, Rome, Bari and Altamura, and originally in Perugia, Ancona and Macerata The international markets for pasta-making durum wheat in the last week have been extremely volatile and nervous: the problem drought is starting to affect sowing - durum wheat in North America is grown in a short spring-summer cycle - and source and wholesale prices in Canada are recovering sharply, even if they are about to lose momentum. Meanwhile, on May 17, 2022, the futures index on durum wheat in Chicago signals another increase of 0.78% over the last 5 days, while on May 13 the Fob price, Free on Board, of the Cwad, Canadian Western Amber Durum, premium quality 13% protein has revived slightly, reaching € 441.65 per tonne, but only thanks to a slight depreciation of the Euro currency against the Canadian currency. The heavy fall of ...
Source: Agronotizie
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