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Wheat’s average procurement price was down in but barley’s price increased
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At the end of August the Magro Grains Index (MGX) was at 10,140.6 points, which means there was practically no change from the July level. Corn’s procurement price dropped a little and wheat’s average price plunged 5 percent. Feed wheat’s price was HUF 40,500 and milling quality wheat could be purchased for HUF 48,500. Feed barley’s price increased by 2 percent to HUF 41,000. Market expectation is that in Q4 2014 both feed wheat and milling quality wheat prices will rise a couple of percents
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