On-the-Ground Update

Rye trade balance in Latvia went positive after a bullish year

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Caio Alves
Published Apr 23, 2020
In value terms country imported 13.65M € of rye to attend the domestic consumption for bread and flour industries declining almost 38% YOY . The main supply flows came from Germany, Lithuania, Poland and Estonia. In opposition the country exported 25.86M €, an increase of 19% for the cereal reflecting the same period, where the top destination was Russia. The Kremlin's land had its worst rye crop in 50 years (1.4MMT).
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