News

Greece: Better export prices

Wheat
Italy
Published Sep 29, 2022

Tridge summary

The Canadians raised the prices a bit in their offers and this seems to affect the Greek prices as well, as our export is also destined for Italy. Domestically, producer prices range between 38-40 cents per kilo, while it is estimated that large quantities are still stored and will be available for sale later.

Original content

In durum wheat, prices on the new Foggia list have finally stabilised. Specifically, for quality wheat with a specific weight of 78 kg/hl, vitreous 70% and protein 12%, the merchant warehouse price is traded at 490-495 euros per ton. Also for the second quality with a specific weight of 76 kg/hl, vitreous 60% and protein 11.5%, the merchant warehouse price ranges from 480-483 euros per ton. In France, prices returned to €440 a tonne despite the fall in the euro. The main reason is the lack of significant new sales. In the Chicago stock exchange, the fall of the previous days seems to have mobilized the buyers, who found an opportunity to exit and cover their needs. Another issue that concerns analysts is the recruitment of many producers by ...
Source: GRAgronews
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