Pivot at 25 minutes for durum wheat, soft wheat on the rise in the European market, up to 17 for barley

Published 2023년 6월 27일

Tridge summary

Producers are hopeful for better prices as the demand for surviving crops increases after persistent rain. However, the situation remains uncertain as free trade continues to pressure producer prices and mills and pasta companies are not rushing to buy supplies. There is also concern about the quality of the crops, with variations and deterioration in the image of deliveries, leading to lower prices for lower quality durum wheat.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On the other hand, what has survived the persistent rains of the last few weeks is gaining ground in demand, boosting producers' hopes for a better price. In general, however, the situation remains confused. Free trade has not abandoned its original design to pressure producer prices, mills and pasta companies do not appear to be in a rush for supplies, while the index in Foggia and Europe's other major trading centers are slow to "price" the new crop . It is a fact, however, that the initial enthusiasm for the level of yields has given way to a second reading on the subject, and this is because even the level of production per acre varies, even between closely spaced cultivation zones. and of course in the same prefecture. This fact, combined with the problems that several European countries have faced in recent months with reference to durum wheat, makes the analysts who predicted that this year's production will return to normal levels cautious. This is what revived the hopes ...
Source: GRAgronews

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