Italy: Firm durum wheat, little liveliness even on soft and corn

Wheat

Durum Wheat

Maize (Corn)

Italy

Published Dec 24, 2022

Tridge summary

Among the oilseeds, soybeans remain at high levels, even if the foreign one is showing a slight decrease, and rape acquires firmness Soft wheat, bread-making continues to fall Italy Week of alignment of the markets of Bologna and Milan holidays, they are already looking to 2023. Limited trade and users' attention to year-end inventories (logistics limit risk).

Original content

Among the oilseeds, soybeans remain at high levels, even if the foreign one is showing a slight decrease, and rape acquires firmness Soft wheat, bread-making continues to fall holidays, they are already looking to 2023. Limited trade and users' attention to year-end inventories (logistics limit risk). The decline in prices for bread-making continues, with greater stability of the strength grains, due to the sustained prices of replacements; present supply prevailing over demand. “Bologna type” wheat closed the year at €415-420/t arriving with bread-making products exceeding €355-360/t and “mixed” wheat at €345-350/t; EU bread-making grains on 335-340 arrivals, EU strength grains on 450 and foreign "spring" grains on 480 €/t. Europe Pre-Christmas market with users covered beyond January-February and at the window waiting to understand the dynamics and price trends in the new year. We look at the (positive) evolution of community harvests and the slowdown in milling (and ...

Source: Terraevita