The price of food wheat in Latvia increased by 10% in May
Wheat
Latvia
Published Jun 25, 2022
Tridge summary
The price of food wheat in May this year increased by 10.4% compared to April. This is evidenced by the data of the Department of Market and Direct Support of the Ministry of Agriculture. In May of this year, food wheat in Latvia cost 389.1 euros per ton. At the same time, the price of food wheat in Latvia in May was 2.2% higher than its average price in the European Union in May this year, where its price averaged 380.7 euros for the same volume. The price of fodder wheat in Latvia in May of this year was 366 euros per ton. That the price of feed wheat in Latvia in May this year was 0.4% lower than the average price in the EU, where in May they paid 367.4 euros per ton. For rapeseed in Latvia in May this year paid 861.8 euros per ton. Meanwhile, feed barley in Latvia in May of this year cost 350.8 euros per ton, food oats - 257.7 euros per ton, and food rye - 320 euros per ton. The US Department of Agriculture predicts that the total amount of wheat stocks in the world in 2022/2023 will be about 271 million tons.
Original content
The price of food wheat in May this year increased by 10.4% compared to April. This is evidenced by the data of the Department of Market and Direct Support of the Ministry of Agriculture. In May of this year, food wheat in Latvia cost 389.1 euros per ton. At the same time, the price of food wheat in Latvia in May was 2.2% higher than its average price in the European Union in May this year, where its price averaged 380.7 euros for the same volume. The price of fodder wheat in Latvia in May of this year was 366 euros per ton. That the price of feed wheat in Latvia in May this year was 0.4% lower than the average price in the EU, where in May they paid 367.4 euros per ton. For rapeseed in Latvia in May this year paid 861.8 euros per ton. Meanwhile, feed barley in Latvia in May of this year cost 350.8 euros per ton, food oats - 257.7 euros per ton, and food rye - 320 euros per ton. The US Department of Agriculture predicts that the total volume of wheat stocks in the world in ...
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