Greece: The Tunisian competition brings mobility back to hard wheat

Published 2024년 11월 8일

Tridge summary

The article provides an overview of the durum wheat market, noting that prices in Foggia, Italy, have remained stable for four weeks, with quality wheat priced at 320-325 euros per ton and second quality at 310-315 euros per ton. In Canada, prices have also stabilized with minor adjustments, while a Tunisian tender closed at 354 dollars per ton, equivalent to 329 euros. The Chicago Stock Exchange faced stagnation due to US election uncertainties and fears of a trade war. Meanwhile, in France, a weaker euro contributed to a slight price recovery to 216 euros per ton.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In durum wheat, the Foggia price list was unchanged for a fourth week. Specifically, for quality wheat with a specific weight of 79.5-80 kg/hl, vitreous 80% and protein 12-12.5%, the merchant warehouse price is negotiated at 320-325 euros per ton. For the second quality with a specific weight of 78 kg/hl, vitreous 65% and protein 11-11.5%, the merchant warehouse price ranges from 310-315 euros per ton. In Canada we have stabilization with a slight price correction. At 354 dollars per ton delivered to their port, the last Tunisian state tender for the purchase of 75,000 tons of durum wheat was closed. With today's dollar, this price is equivalent to 329 euros per ton. On the Chicago Stock Exchange, waiting for the final outcome of the US election brought stagnation to the market and only small movements in grains at the beginning of the ...

Source: GRAgronews