Bakers in the Netherlands do not yet fear rising bread prices due to the end of the grain deal

Bakers do not expect significant price increases of bread in the short term now that the deal on the export of grain from Ukraine via the Black Sea has expired. This is mainly because they work with long-term contracts. "Bakeries mainly get their grain from Germany, France and the Netherlands, not from Ukraine," says Wim Kannegieter of the Dutch Bakery Association (NVB). He therefore does not expect the consumer to notice anything in the short term. "Agreements have also been made with supermarkets about the prices of bread," Kannegieter explains. The export deal expired on Monday evening, after Russia did not agree to an extension of the agreements. The country had already threatened several times to end its cooperation. Russia believes that the export of its own agricultural products is unfairly affected by international sanctions. Ukraine also wants to continue exporting via the Black Sea without a grain deal. Market prices for grain on the ...