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The effects of the weather overheat the corn, instability for the soft wheat in Italy

Maize (Corn)
Published Jul 30, 2022

Tridge summary

Even for the hard, the prices could soon be revised upwards. The demand for barley rises and oilseeds continue to be at high levels.

Original content

Even for the hard, the prices could soon be revised upwards. Demand for barley rises and oilseeds continue to be at high levels. ), with mediocre yields / ha (which reduce the availability of the countryside) and rumors from Europe and the Black Sea. Low pressure demand and supply that limits product placement trying to maintain current prices. Under a limited trading regime, the commodity exchanges quote unchanged for all items, with Milan and Bologna aligned. The “Bologna-type” grains are worth around 420-430 € / t, with the second item at a discount of 40-45 € / t and the “mixed” ones at 360-370 € / t; EU countries up by 3-5 € / t and foreign “spring” unchanged. Europe The harvest is proceeding swiftly and is now approaching 70-80%. The pressure of the new harvest combined with the possible reopening of Russian-Ukrainian exports and with the positive news on the US winter harvest, have forced a decline, but the uncertainty above all on Community exports brings volatility. ...
Source: Terraevita
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