The main topic in Hungary is the flown away prices of the primary grains. Currently, the milling wheat price is appr by 75% higher than in the same interval of the past year.
The traders and farmers are offering the bread raw material between 290-305 Eur, depending on the pressure being on the sellers. If the sellers do not need the instant income, they keep the wheat and price the milling wheat around 420 Eur by the following year. Maybe this view is an exaggerated approach from the side of the suppliers, but in case the inflation problems will not be mitigated, the 400 Eur price might not be a fantastic idea.
The sowing of seasonal seeds has been completed. Levels of growing areas are mixed.
Prompt market prices in Hungary
MILLING WHEAT 290-305 EUR / MT FCA HU
FEED WHEAT 250-260 EUR / MT FCA HU
FEED CORN 250-278 EUR/MT FCA HU
