Cereal prices: The price of rapeseed in procurement is down and the value of wheat is rising in Poland

Published 2021년 8월 24일

Tridge summary

The domestic market is experiencing a surge in cereal prices with significant increases in the cost of wheat and barley, while rapeseed prices have seen a notable drop. The current average rate for rapeseed in procurement stands at PLN 2,454.68 per ton, marking a decrease of PLN 22.66 from the previous average. In contrast, wheat and barley prices have risen, with consumption wheat increasing by PLN 38.26 per ton and barley by PLN 10 per ton. However, the prices of consumer rye and peas have slightly decreased. The article also highlights that average grain prices in selected countries vary, with Italy, Germany, and the Czech Republic having the highest average prices of consumption wheat in the period 19-25 July 2021.

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

Original content

The prices of cereals in the domestic market are going up. The value of wheat, compared to the previous week, increased by PLN 7.86 / t, and during the week by PLN 38.26 / t. The consumption barley is also growing (+ PLN 10 / t). However, the rate for rapeseed in procurement is soaring. The quotations from 20.08 show that the average rate in purchases dropped two days apart by PLN 22.66 / t. Cereal prices in the domestic market are soaring. The value of incl. wheat, barley or triticale grows. However, rapeseed saw a significant cut in purchases last Friday. The quotations from 20.08 show that the average rate in purchases dropped two days apart by PLN 22.66 / t (from PLN 2,477.14 / t to PLN 2,454.68 / t). What are the prices of cereals on the domestic market? Both feed and consumption wheat are gaining in value. Purchase prices are rising. The value of consumption wheat compared to the previous week increased by PLN 7.86 / t, and during the week already by PLN 38.26 / t. In turn, ...

Source: SwiatRolnika