Greece: No changes for the hard for Foggia in August

Published Sep 2, 2024

Tridge summary

The first price list for durum wheat in Foggia, Italy, after the summer break has remained the same, with merchant warehouse prices ranging from 310-315 euros per ton for quality wheat and 300-305 euros per ton for second quality. Prices in France and Canada have also remained stable. However, prices on the Chicago Stock Exchange have made new lows due to high global production, and European prices have also followed a disappointing trend.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In durum wheat, the first price list in Foggia after the summer break was unchanged. 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 310-315 euros per ton. 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 300-305 euros per ton. In France, too, prices remained stable at €300 per tonne, while in Canada, August prices lost $19 per tonne, despite a 200,000-ton drop in production this month compared to the previous month. On the Chicago Stock Exchange, soft wheats, like most grains, cannot stand upright. Having made new lows during the week, they are somewhat trying to recover technically by getting help from the support points. However, the rise looks ...
Source: GRAgronews

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