Italy: Fodder barley rises, foreign soybean falls again
Italy
Published Sep 6, 2022
Tridge summary
According to BMTI surveys, sorghum remains at very high levels, while there is great instability among protein flours
Original content
The week between the end of August and the beginning of September showed substantial stability for the prices of forage cereals traded on the main national commodity exchanges. On the other hand, among the oilseeds, the current trend in the prices of soybeans of foreign origin is confirmed as a sign of volatility, returning to decline after the rises of the previous week. With the domestic product still unlisted and awaiting the new harvest, the soybean market continues to be affected on the one hand by the exchange rate effect, with the strengthening of the dollar against the euro, and on the other by estimates of an increase in world production. , particularly in the United States and Brazil, where prospects, with sowing still to be started, appear positive. Barley is gaining ground Among fodder cereals, barley showed further appreciation: in Bologna the maximum price has now reached the threshold of 340 € / t (334-339 € / t, ex-works), gaining 3 € / t compared to the previous ...
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