Durum wheat, the Turkish lifesaver, cools the price lists on the world market

Published 2023년 9월 22일

Tridge summary

The text discusses the current situation and trends in the wheat market, particularly in Italy and Europe. It highlights the impact of the 2023 Italian harvest and the availability of wheat from various origins on prices. The text also mentions the global demand for wheat, the competition from Black Sea origins, and the supply and demand dynamics in different regions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The unexpected arrival of product from this country keeps prices stable. For soft wheat we look at the qualitative differences, corn still down Soft wheat, the spread widens on the basis of quality Italy The trend of widening the spread between superior and strong grains (Ager classes 1 and 2), bread-making grains (class 3) and biscuit grains (classes 4 and 5). The supply is reduced for strong grains, which strengthen by €2/t, sought after by the industry, while the availability of "any origin" bread-making products and biscuits, which yield €3/t, grows. The outcome of the 2023 Italian harvest inserted in the commercial context extended to Europe (Austria and Hungary) and the Black Sea (Ukraine and Kazakhstan) is the basis of this price evolution, which sees the "Bologna 14 type protein" at €325/ t arrival, with "specials" (class 2) at €272-275/t, the "mixed" (class 3) at €238-248/t and items 4 and 5 at €215 and 208/t. Community and foreign without significant changes. Europe The ...
Source: Terraevita

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