Poland: Stagnant prices on the market; cereal prices 01/14/2022

Published 2022년 1월 14일

Tridge summary

The article highlights a situation where farmers are facing challenges in selling their cereal crops due to low demand and their inability to sell at current prices due to high fertilizer costs. As a result, they are either converting the grain into fodder or holding onto it in hopes of higher prices. The only bright spot is the significant price increase in rapeseed, which has nearly doubled in the past year. Conversely, the prices for other grains such as fodder wheat, consumer rye, malting barley, and consumption oats have seen little change, if any. This situation presents a difficult decision for farmers, with rapeseed producers being the exception amidst the overall decline in grain prices and increased production costs.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In cereal stores there are emptiness. Farmers are in no rush to sell them, waiting for even better prices. The demand for grains from the milling and fodder industries also decreased. According to the Lower Silesian Chamber of Agriculture, many cereal producers declare that at the current cost of fertilizers, they will not sell grain at the currently proposed prices. And you cannot be surprised. Last season, with the currently proposed prices, they could earn a lot, but today, with such a significant increase in production costs, this profit would be small. That is why many farmers, especially growers, turn them into fodder instead of selling grain. Others are waiting for a better deal. Will it pay off for them - time will show. Currently, only rapeseed producers are rubbing their hands with joy, because its price has almost doubled in the period of 12 months and it is not yet seen that it will end there. Today, purchasing entities pay for a ton of rapeseed from PLN 2,900 to PLN ...

Source: Wrp