Poland: Cereals became cheaper on the domestic market

Published Nov 22, 2022

Tridge summary

The article reports on the current status of the corn harvest in Poland, indicating significant progress but with a good portion still to be completed, particularly in the eastern and south-eastern regions. This abundant harvest has led to a surplus and a decrease in corn prices. Additionally, the article discusses the challenges and factors influencing the export and import of grain, including issues at the ports due to coal traffic and the impact of the strengthening zloty. It also mentions the decline in wheat prices on major exchanges due to the conflict in Ukraine and the extension of the grain deal, which allows Ukraine to continue exporting agricultural commodities.

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

Original content

According to the Chamber, the harvest of corn for grain is advanced, although there is still a lot of grain left in the fields in the east and south-east of the country. "It is estimated that in this part of the country the advancement of the harvest is about 70 percent. A lot of grain is still to be harvested in the center of the country. In turn, in the regions in the north of the country, corn has been harvested from over 90 percent of the area, and in the west - from approx. 95 percent of the area. There are many indications that the corn harvest will last until the end of November this year." - stated in the newsletter. Significant advancement of the harvest resulted in significant saturation of the market with maize and significant decreases in prices. Currently, the prices of wet corn (30% moisture content) are in the range of PLN 770-900/t, so they cost PLN 70-80/t less than a week ago. Depending on the region of the country, compared to the previous week, the prices of ...

Source: Farmer.pl