World: Italian reluctance to buy new durum wheat

Following these new contracts, we see the buyers are hesitant to make new moves, stressing that the wheat is coming from Canada, while at the same time Russia has allowed the export of very cheap durum wheat from Kazakhstan. In durum wheat, the Foggia price list was unchanged for the second week. Specifically, for quality wheat with a specific weight of 79.5-80 kg/hl, vitreous 80% and protein 12-12.5%, the merchant warehouse price is negotiated at 320-325 euros per ton. Accordingly, for the second quality with a specific weight of 78 kg/hl, vitreous 65% and protein 11-11.5%, the merchant warehouse price ranges from 310-315 euros per ton. In France, prices remain at 305 euros per ton for the umpteenth week, in Canada the recovery from the September lows continues at a less intense rate, while Turkey has also started some exports to third countries. In the Chicago Stock Exchange, the low price levels of the previous weeks brought US grain prices (mainly corn) to attractive levels, ...