News

The North American campaign pushes the price down for durum wheat

Canola Seed & Rapeseed
Wheat
Published Sep 3, 2022

Tridge summary

However, uncertainty on the evolution of prices in the short term is growing. The tender, on the other hand, is appreciated, even forage is on the rise.

Original content

However, uncertainty on the evolution of prices in the short term is growing. The tender, on the other hand, is appreciated, even forage grows Soft wheat, wait-and-see offer and moderate exchanges Italy The moment of appreciation in our squares continues on the wave of news that sees transversal demand from the livestock sector and prospects for use (food and feed) well held. The offer becomes more wait-and-see in the face of a demand that, despite the uncertainties of the recession, is expected to be confirmed, albeit with greater pressure on bread-making grains, as well as strength. Moderate exchanges with user coverage that is reduced, pending greater clarity on the evolution of prices. In Milan, price increases of 3-5 € / t and on Bologna of 3-4 € / t for a "Bologna-type" wheat priced at € 433 / t, with higher bread-making products at € 394 / t and "mixed" ones at € 385 / t; Community bread-making up by 3-5 € / t and stable “spring” foreigners. Europe Field responses speak of ...
Source: Terraevita
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