During the week of February 26 to March 3, 2024, Poland experienced a notable decrease in domestic grain prices, affecting wheat, rye, barley, oats, triticale, and corn, with year-over-year price drops most pronounced in rye (42%) and corn (41%). This trend was mirrored in international markets, where the first week of March saw declines in the export prices of key grains such as HRW and SRW wheat in the USA, consumer wheat in France, and feed barley in France and the Black Sea ports, indicating a widespread downturn in grain prices globally.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
Domestic grain purchase prices At the turn of February and March 2024, monitored grain prices on the domestic market decreased. Between February 26 and March 3, 2024, according to data from the Integrated Agricultural Market Information System of the Ministry of Agriculture and Rural Development, the average price paid for wheat for consumption was PLN 819/t, 3% less than in the previous week and 6% less than a month earlier. At the same time, the price of this grain was 35% lower than last year. The average consumer price of rye was PLN 579/t and was 2% lower than a week earlier. This grain was 7% cheaper than a month ago and 42% cheaper than a year earlier. The average purchase price of feed barley was PLN 719/t, 1% lower than a week earlier and 3% lower than a month ago. This price was 35% lower than in the comparable period of 2023. Consumer oats were purchased on average at PLN 995/t, 4% cheaper than a week ago and 2.5% cheaper than a month earlier. Compared to the previous ...
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