Hard waiting for corn, downward forecasts for the tender in Italy
Published Jun 25, 2022
Yields are expected to be between 10 and 20% lower than in 2021 for wheat. Some pasta factories may fail to produce due to high prices. Corn affected by drought, stable fodder
Yields are expected to be between 10 and 20% lower than in 2021 for wheat. Some pasta factories may fail to produce due to high prices. Corn affected by drought, forage stable Soft wheat, a "leap" downwards is expected Italy The markets are still not quoting pending more confirmations on the volume and quality of the 2022 harvest. The first reports speak of yields lower than 10-15 % compared to 2021 but with good product characteristics, the milling characteristics to be confirmed analytically. Supply and demand are waiting with a limited level of trading, but the feeling is of a downward campaign jump for the prices of all classes, barring last-minute surprises. The covers of the mills are adequate to await the final result of the threshing; EU and foreign replacements in decline but still volatile and supported by the uncertainties of the Russian-Ukrainian conflict. Europe The agro-climatic conditions of the new crop improve thanks to the passage of perturbations on all central ...