NEWS
Durum Market Opens Next Week
Tue Jan 15, 2013 05:31 PM CST

MILAN, Italy (Dow Jones) -- The Italian Stock Exchange Tuesday unveiled Europe's first durum wheat futures market, aimed at providing pasta makers with a way to stabilize their raw-material purchases and give farmers an incentive to increase grain output.

The new AGREX futures market will be based in Milan and will start trading next Monday, Borsa Italiana said.

So far, big European pasta producers, such as Italy's Barilla, have either negotiated directly with farmers or shopped in physical markets to buy durum wheat, the main ingredient to make pasta.

By setting up the futures market, the exchange aims to help ...

Quick View
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • Fines for Fringe Benefits A little-noticed rule in the Affordable Care Act could impose huge penalties on small business. I...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
Todd's Take
Wheat: A Little Hope for 2016
Algeria Buys High-Quality Wheat
Todd's Take
Walk Your Wheat Fields
Arctic Blast Worries Wheat Growers
Monsanto Settles in GE Wheat Case
Crop Tech Corner
Lack of Rain Threatens Russian Wheat