Fierce competition in Italian wheat market

Introduction: traders said on Tuesday that the quality of French new wheat is good, and they expect that the situation of wheat export to Italy will be good this year However, due to the huge wheat production in Italy in recent months, the market competition is more and more fierce According to a senior grain trader in Italy, the quality of wheat in France is good, while that in Australia has declined But these countries are unlikely to play a very important role in the Italian market between October and December because of the huge domestic wheat supply and the pressure of corn Ismea, the Agricultural Research Institute, estimates that Italian soft wheat production in 2002 increased by about 6.8% over 2001, to 3 million tons Corn and wheat compete with each other as feedstuffs Central Italy is expected to start harvesting corn later this month Traders claim that it is difficult to determine the quality of new wheat in Germany, but they are worried that the recent rainfall will affect the quality and the future harvest Traders claim that France is the largest food exporter in the EU and will face fierce competition in the Italian market from the Black Sea (Ukraine) A trade negotiator said that the total amount of wheat imported from France, Germany and Australia was not as large as before it was opened to the Eastern European market The high yield of the Black Sea region and the change of EU tariff make the feed and low grade wheaten wheat more competitive in the Western European market The weekly price of European Union ground wheat Milan Grain Exchange for spot delivery remained unchanged at 130-133 euros / ton, lower than that of last week's price of 131-134 euros / ton The price of 13% protein content of French wheat is 135-140 euro / ton Australian wheat 15% protein content delivery to Milan quoted us $165 / ton Imports of Black Sea wheat slowed down in August and are under pressure from new Italian grain markets (author:) share to feed Weibo share to: