The wheat crisis has hit Hungary and another increase in flour prices will come in April

From the starting prices of 50-52 thousand forints after the harvest, the price of table wheat has become 73-75 thousand forints. As the increase in the flour price of the Hungarian mills in January was only enough to cover the costs up to HUF 62-63 thousand per tonne of wheat, they are now forced to raise them again, said Zoltán Lakatos, President and CEO of Hajdú Gabona Zrt. The mills have been able to buy at a higher price in recent months, as wheat prices were already HUF 66,000 at the time of the January flour increase. This increase was already signaled in January, saying if wheat prices did not stop rising, they would be forced to move in April. Now, an average increase of about 6 percent may be realistic, but it varies from company to company. You may also be interested in! The expert testified: this is actually behind the drastic rise in feed prices. How long can the rise in prices last? You may also be interested in! The large increase in the price of wheat is caused by ...