Italy: Forage cereals slow down the decline, price lists still in the red for proteins

Published 2023년 4월 3일

Tridge summary

The article reports on the price trends of various agricultural commodities in the national commodity exchanges, as highlighted by Bmti's surveys and Coceral's estimates. It notes a significant drop in soybean prices, attributed to the strong euro and global scenarios, while forage cereals like barley and soft wheat show signs of price stability. Soft wheat for zootechnical use and sorghum prices are slightly increasing, despite overall price decreases. Soybeans, both domestic and foreign, continue to experience double-digit price drops. The article also mentions a decline in protein flours like sunflower and rapeseed, and anticipates an increase in the EU barley harvest in the next year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Bmti surveys, soft wheat gains slightly compared to last week, sorghum and barley are slowing down the downward trend. Crash the soy The latest March surveys carried out on the national commodity exchanges once again confirmed the sharp decline in the prices of protein products, in particular for soybeans, conditioned both by the strengthening of the euro against the dollar and by a global scenario marked by Brazil records. On the other hand, the decline for forage cereals seems to be slowing down, with the first signs of stability at the end of the week for barley and soft wheat. Sorghum was down, but to a lesser extent than in previous weeks. Among the forages, the prices of alfalfa were stable, which are still about 20% higher than last year. Stability tests for barley The last week of March closed with signs of greater stability among fodder cereals. On the Bologna market, after four consecutive weekly decreases, the price of heavy domestic barley remains ...

Source: Terraevita