Grain and Feed Chamber: good harvest, grain sales - poor
Poland
Published Sep 9, 2020
Tridge summary
Despite a good harvest, the supply of grain on the domestic market is small, especially of wheat and barley. More sales offers are recorded in the case of triticale, rye and oats. Farmers stored grain, counting on higher prices - informs Izba Zbożowo and Faszowa.
Original content
"It seems that farmers should put up for sale a little more grain in the second half of September this year, as the promising maize harvest approaches and in connection with the need to raise funds to cover financial liabilities. Trading companies show greater willingness to sell grain" - we read in the Chamber's weekly report. The Chamber estimates that this year's harvest of cereal grains (excluding maize) amounted to approximately 27.5 million tonnes, i.e. 5 percent. more than last year's production. According to the Chamber, there is also no excessive demand from processors. Fodder factories obtained grain for current production. Greater demand from them is expected in a few weeks, as the corn harvest begins. In the middle of last week, domestic processors and purchasing entities offered for: consumption wheat - PLN 670-740 / t; feed wheat - PLN 660-720 / t, corn - PLN 880-950 / t (2019 harvest); consumption rye - 440-530 PLN / t; fodder rye - 430-520 PLN / t; barley - PLN ...
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