Germany: Increase in grain prices larger than ever since 2011

Germany

Published May 15, 2022

Tridge summary

The German Federal Statistical Office has reported that the war in Ukraine is having major impacts on global grain supplies and grain prices. Destatis points out that in Germany grain import prices increased by 53.6% in March 2022 compared to the previous year. The highest variation rate was recorded for the last time in May 2011 (+74.0% compared to May 2010).

Original content

Price increases affect all types of cereals Wheat prices increased 65.3% in March 2022 from a year earlier, barley, rye and oat prices also 65.3% and corn prices 37.4%. However, the prices of ...

Source: Agroclm

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