The price of durum wheat is always low with the (founded) doubt that Canadian wheat is invading Italy

Wheat

Durum Wheat

Italy

Published Feb 1, 2023

Tridge summary

One fact is true: the price of durum wheat fluctuates a bit. In recent days we have reported a somewhat drastic reduction in the price of Sicilian durum wheat, which has dropped to around 40 euros per quintal. When we verified this data, with the testimony of farmers on our island who had just sold their production at this price, Apulian durum wheat was paid at around 46-47 euros per quintal.

Original content

For the record - and perhaps it would be more correct to write for history - the price of Sicilian durum wheat is always paid less than that of Puglia, despite being products of identical quality, but perhaps this time the 'forbisce' was a bit excessive. Today we return to the topic starting from our point of reference: the report by the analyst of international markets, Sandro Puglisi. Our feeling is that large quantities of foreign durum wheat circulate in Italy. And since in Italy the pasta industries are, shall we say?, very fond of Canadian durum wheat, we went to read what Sandro Puglisi writes about the production and marketing of Canadian wheat: "In Canada - writes Puglisi - the Weekly Grain Statistics recorded deliveries of common wheat by producers at 503.1k tonnes for week 25 of this shipping season. It was down from the 533.7k mt released the previous week… Durum wheat exports, meanwhile, were significantly higher going from 167.3k mt to 220.0k mt… Cumulative durum ...

Source: Inuovivespri