Italy: Stable barley, sorghum, and soft wheat

Published 2024년 4월 22일

Tridge summary

The article provides an overview of the agricultural commodity and livestock feed market for the week of 15 to 20 April 2024, based on Bmti findings. It reports stable prices for barley, sorghum, and soft wheats due to low trading activity, and a stabilization in soybeans prices, despite a minor rise in soybean meal prices. Prices for rapeseed flour and sunflower flour remained unchanged. A notable year-on-year price decrease was observed for sorghum, wheat, and sunflower flour. The article also discusses the influence of the Chicago Stock Exchange on soybean futures and the effect of currency fluctuations on soy flour prices, indicating a complex interplay of factors affecting the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Bmti findings, the rise of soybeans also stops. Among the protein products, rapeseed flour and sunflower flour remain unchanged The static situation in the livestock feed sector is confirmed, with reduced trading activity which keeps the prices of barley, sorghum and soft wheats unchanged compared to the previous week. Soybeans stabilized despite the return of Chicago values, while an increase was recorded for soybean meal. According to Bmti surveys, the prices of rapeseed flour and sunflower flour, both wholemeal and protein, remain stable compared to previous weeks. Barleys in line with previous weeks The second week of April confirms a limited trading volume in the fodder cereals sector, keeping prices unchanged on a weekly basis. In Bologna, barley maintains the values of previous weeks, with prices for the heavy variety stable at €197-202/t. The annual comparison highlights a decrease of 20%. Sorghum, 30% annual decrease Sorghum remains at a price of €191-196/t, ...
Source: Terraevita

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