The prices of hard and soft wheat continue to rise globally

Published Oct 15, 2022

Tridge summary

International uncertainty is also pushing maize prices higher, despite limited trade. Usda revises 2022 production estimates downwards Soft wheat, eyes focused on the Black Sea basin Italy The bullish tone remains on all items and on all squares to underline the waiting moment for commercial evolution from the Sea basin Black.

Original content

International uncertainty is also driving up the price of maize, despite limited trade. Usda revises 2022 production estimates downwards Soft wheat, eyes focused on the Black Sea basin Italy The bullish tone remains on all items and on all squares to underline the waiting moment for commercial evolution from the Sea basin Black. Despite the limited level of trade and good product availability, prices rise by 2-5 € / t with greater pressure on bread-making grains than strong grains. Demand is slowing down and is awaiting more accurate estimates on local consumption and to assess where (what type of products) the demand from the market will orient itself to. The prices of EU replacements follow the trend of the national ones, while the foreign ones are strengthened more. The arrival “Bologna type” reaches 435 € / t, the second class around 400 € / t and the “mixed” ones at over 380-385 € / t; Community plus 4 € / t and foreign “spring” plus 15 € / t. Europe The week first saw ...

Source: Terraevita