Italy: Livestock feed, further reductions for soybeans and sunflowers

Published 2023년 10월 2일

Tridge summary

The livestock feed market continues to experience a decline in prices for oilseeds, specifically soybeans and sunflowers. However, there have been slight increases observed for soft wheat and protein flours. The overall market is characterized by a decreased demand for livestock and a steady supply of products from abroad.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Bmti findings, there are also a fluctuating trend for protein flours and slight increases for soft wheat September ends showing, within the market of raw materials intended for livestock feed, a further decline in the prices of oilseeds, with weekly reductions for both soybeans and sunflowers. “Minus” sign among protein flours for sunflower and rapeseed. However, the stability phase continues for fodder cereals, with the exception of the slight increase in wheat for livestock use. Overall, the market is suffering from a less than lively livestock demand, which is contrasted by a good level of supply thanks to the arrival of products from abroad. Barley, -37% compared to a year ago The fodder cereals sector still remains unchanged at the end of the month. September leaves a stabilized market for fodder cereals, also due to the uncertain scenario regarding the inflow of goods from Ukraine. The price of national barley remains anchored in Bologna at €207-212/t (-37% ...
Source: Terraevita

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