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Farmers in Italy could give up the sowing of durum wheat due to continues decline in price

Durum Wheat
Italy
Published Sep 28, 2022

Tridge summary

This is the alarm cry of the CIA and Confagricoltura Puglia, which ask for the urgent convening of the cereal table for solutions shared with all parties. Apulian farmers could give up the sowing of durum wheat. There is no alternative if prices continue to fall further or remain at current levels.

Original content

This is the alarm cry of the CIA and Confagricoltura Puglia, which ask for the urgent convening of the cereal table for solutions shared with all parties Apulian farmers could give up the sowing of durum wheat. There is no alternative if prices continue to fall further or remain at current levels. This is the alarm from the CIA-Italian Farmers Puglia and Confagricoltura Puglia, contained in a joint note, in response to the continuing fall, since the beginning of last August, in durum wheat prices. Durum wheat prices in continuous decline since early August On the Foggia Commodity Exchange, the prices for fine durum wheat (wholesale prices, ex VAT excluded) on 21 September fluctuated from 477.50 to 482.50 € / t, while the prices on 3 August. they ranged from 525.00 to 530.00 € / t: the drop is almost 50.00 € / t! For the two agricultural organizations, due to the collapse in durum wheat prices, "in a few months farmers will give up sowing our flagship cereal and, in a year's time, ...
Source: Terraevita
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