Italy: Zootechnical feed, soy returns to decline

Published Jul 3, 2023

Tridge summary

The article discusses the recent trends in the prices of soy and other fodder cereals in the market. The price of soybeans has fallen again after three consecutive weeks of increases, with a slight improvement in weather forecasts causing a bearish effect on the international markets. The prices of other fodder cereals like barley and wheat have remained relatively stable, while the prices of sunflower flour and rapeseed flour have declined.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Bmti surveys, there is also a quiet start for the new barley year The latest surveys in June saw the prices of soy listed on national commodity exchanges fall again. The arrival of the rains in the Midwest of the United States partially eased the weather tensions on the next American harvest, causing a bearish effect on the international markets. At the moment, the prospects appear positive also for the Italian harvest. Among fodder cereals, there were few variations from the initial quotations for national barleys. The progress of the harvest confirms, in terms of grain quality, a drop in specific weights compared to last year. The prices of fodder wheat also remained substantially stable compared to the previous week, while the sorghum campaign formally concluded, with its listing on all the main national commodity exchanges. Soy is down again After three consecutive weeks of increases, the prices of soybeans traded in the Italian market have returned to falling. On ...
Source: Terraevita

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