Poland: Flour and bread become more expensive

Published 2021년 3월 31일

Tridge summary

The article highlights the significant impact of the ongoing pandemic on the catering and food sectors, particularly affecting millers who have had to adapt to new epidemic requirements. It notes that Poland's flour exports, which make up about 3-4% of production, increased in 2020 after three consecutive years of decline, with Germany, Lithuania, and Great Britain as the main recipients. The article also discusses the increase in wheat prices due to intense exports of grain, leading to record amounts of grain exports and causing domestic milling and feed industry to pay higher prices compared to exporters, making it more profitable to sell domestically. Additionally, the article warns of further price increases in wheat and flour due to the high export pace, which consumers have already begun to feel during pre-holiday shopping.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

It should be emphasized once again that the pandemic that has been going on for over a year has had a significant impact on the catering and food sectors. It did not spare and does not spare millers, who had to reorganize their work in such a way as to fulfill all the imposed epidemic requirements and recommendations. The share of exports in the production of flour in our country is not significant. We export about 3–4% of the produced flour. The year 2020 brought an increase in exports after three consecutive years, when declines were recorded. Traditionally, the largest recipients of Polish flour remain Germany, Lithuania and Great Britain. - The main reason for the increases in wheat prices is the export of grain as part of very intensive exports from Poland. Prices paid in Polish ports for wheat intended for export by sea, as well as to Germany (land deliveries), have a direct and decisive impact on prices in every region of Poland - says Krzysztof Gwiazda, President of the ...

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