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Forage cereals in Italy: Soft wheat rises again, holds the barley

Wheat
Soybean
Published Jul 26, 2022

Tridge summary

According to BMTI surveys, corn also increases, while soy of foreign origin is affected by the bearish climate recorded on the markets.

Original content

According to BMTI surveys, corn also increases, while soy of foreign origin is affected by the bearish climate recorded on the markets While waiting to evaluate the effects on the Italian price lists of the agreement reached last Friday 22 July between Russia and Ukraine for the unblocking of the export of cereals, fertilizers and other agricultural products, the prices of forage cereals listed on the national commodity exchanges showed further signs of sealing. Supporting the prices of soft wheat and barley was the simultaneous increase in corn, caused by the damage that the drought is inflicting on the next national crop. Among the oilseeds, the week saw a decline in soy from abroad, thanks to the bearish climate recorded on foreign markets. Among forages, further increases were observed for alfalfa. The tender marks a + 15% compared to 2021 The prices of soft fodder wheat have registered an increase of 5 € / t compared to the previous week, reaching 355-375 € / t (ex-arrival) ...
Source: Terraevita
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