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Greece: The fall in durum wheat continues

Durum Wheat
Greece
Published Sep 15, 2022

Tridge summary

In our market, the fall in the prices of durum wheat in Canada has been passed on to Greek prices as well.

Original content

Exports are still not active and everyone in the industry expects to hear a significantly lower number than the relatively recent €450 per ton FOB our port. It is known that the European harvests, as well as the African ones, did not go well this year quantitatively, however the apparent over-production of Canada cannot but have a negative impact on world prices. After all, don't forget that we saw last year's crazy rally, given that Canada had a negative production record. In durum wheat, the prices in the new Foggia list had losses of another 20 euros per ton for all qualities. Specifically, for quality wheat with a specific weight of 78 kg/hl, vitreous 70% and protein 12%, the merchant warehouse price is negotiated at 480-485 euros per ton. Also, for the second quality with a specific weight of 76 kg/hl, vitreous 60% and protein 11.5%, ...
Source: GRAgronews
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