Cereal prices in Poland, the war, and the weakening zloty push the price of wheat up to PLN 1700 / ton

Published 2022년 3월 4일

Tridge summary

The article highlights a significant rise in cereal prices in Poland, attributed to the ongoing conflict in Ukraine and the arrival of grain ships in Reda. The weakening zloty exchange rate has also influenced the price surge. Maximum prices for consumer wheat and maize are quoted at PLN 1,650-1700 / t and PLN 1,470-1500 / t respectively, and rapeseed prices have reached PLN 4,000 / t. The high grain prices have resulted in queues at the harbors. Prices for feed grains and other crops like rye, barley, and oats also vary widely, with wheat ranging from PLN 1,230 to 1,680 / t.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The price situation on the domestic market is very dynamic. The price carousel starts spinning faster and faster, and no one really knows where to stop. Currently, on Friday, March 4, we are dealing with a significant increase in cereal prices. The reason for this situation is, on the one hand, the armed conflict in Ukraine, and on the other hand, the ships anchoring in Reda, which have just arrived for grain. According to experts, the weakening zloty exchange rate currently has a large impact on the price of cereals. - Consumer wheat is currently purchased at the ports at a maximum price of PLN 1,650-1700 / t. For maize you can get a maximum of PLN 1,470-1500 / t in Gdańsk / Gdynia. The price of rape in fat plants has reached the level of PLN 4,000 / t, informs Renata Barczyk, expert from the Internet Agricultural Exchange (e-WGT). The high prices offered in the harbors for grain caused queues at the harbors. You want to sell grain at a good price - you need a little figure. ...
Source: Wrp

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