BUDAPEST – A further increase in milling wheat prices can be seen in the Hungarian domestic and European markets. As the new crop in Ukraine and Russia can be said to be good, the main reasons for the price increase might be, on the one hand, the general inflation pressure due to the more than decades central banks quantity easing policies, and on the others the steady Chinese strong demand of corn, rapeseed and others.
The current Hungarian milling wheat price has peaked at 228 EUR FCA Hungary and feed wheat at 225 EUR FCA Hungary in the past week.
The following reports may be of interest to you:
Boosting Global Rice Trade: India's Strategic Plan Amid Market Challenges
EU Grain Imports Witness 23% Decline: Ukraine and Russia Maintain Key Supply Role
The Demand for Wheat Has Increased in Ukraine
Ukrainian Grain Exports Approach 4.5 Million Tonnes in April
Decline in Wheat Procurement Amidst Unseasonal Rains in Key Indian States
Related posts:
Weather upsets grain harvest in Hungary 
During the first half of June Ukraine has exported over 1 million tons of grains. 
In Ukraine rains can worsen the quality of new crop. 
Wheat export in 2021-22, Up or Down? 
Spring sowing 2021 in Ukraine is coming to the end. 
Wheat: Ukraine expects higher crop in 2021 
Indian farmers finally satisfied with wheat sales 
Grains: High price level on the European agri commodity market