News

Widespread increases for fodder and protein cereals in Italy

Sunflower Seed Meal
Italy
Market & Price Trends
Canola Meal & Rapeseed Meal
Grains, Cereal & Legumes
Published Nov 14, 2023

Tridge summary

The markets for raw materials intended for livestock feed, such as barley, soy, and sorghum, have seen widespread increases in prices due to lower product availability and logistical problems. Barley prices have shown a marked increase, with a change compared to the previous year at -35%. Soybean prices have also continued to rise for the fourth consecutive week, supported by increases in international prices and uncertainty regarding South American crops.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The markets are affected by lower product availability, linked to logistical problems, and very strong demand in the case of barley Week marked by widespread increases in the market of raw materials intended for livestock feed, with "plus" signs both in the fodder cereals and protein products sectors, led by soy. The markets are affected by lower product availability, linked to logistical problems that have slowed down the arrival of foreign goods. Added to this, in the case of barley, is strong demand and, in the case of the soybean sector, the sustained prices recorded on foreign markets. Barley grows stronger Widespread increases in prices in the fodder sector, attributable to logistical deficiencies within the European market. National barley shows a marked increase in all national price lists. In Bologna, heavy barley gained €5/t compared to the previous week, with the change compared to 2022 coming in at just under -35%. Soft wheat, increase of 10 euros/t on the minimum ...
Source: Terraevita
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