Livestock feed in Italy increases for all items

Published 2024년 5월 13일

Tridge summary

The article reports on the significant increase in the prices of key agricultural products including soft wheat, barley, sorghum, soybeans, and protein flours such as rapeseed and sunflower flours due to adverse weather conditions and uncertainty in the market. The price hike is observed in both domestic and foreign barley, sorghum, and soybeans. Additionally, the cost of livestock feed and fodder cereals has risen, with soft wheat, barley, and corn seeing notable increases. This situation presents a challenge for the livestock industry, with the annual price reductions ranging from -13% to -20% for different commodities. The article provides an overview of the current market trends and price fluctuations in the livestock feeding sector as of May 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Bmti findings, soft wheat, barley, sorghum and soybeans are growing again. Increases also among protein flours, including rapeseed and sunflower flours In the field of livestock feed, the last week, compared to the previous one, was characterized by a general increase in the prices of raw materials intended for livestock use, motivated by international increases due to adverse weather conditions. This increase in the value of feed grain prices involved barley, sorghum, soft wheats and also corn. The price of soybeans is also growing strongly again. In the protein flour sector, further increases were recorded for soy flour. Furthermore, a similar trend was highlighted for both rapeseed flour and wholemeal and protein sunflower flours. Soft wheat, the weather factor weighs The uncertainty about the evolution of the market scenario, linked to meteorological factors, reignites the prices of fodder cereals, despite the fact that demand remains limited. In Bologna, the ...
Source: Terraevita

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