Grain Alliance: global wheat production may be lower this year

Global wheat production may be lower this year than last year, but due to huge stockpiles, significant price increases are not expected.

It is encouraging for the Hungarian producers that Russia’s exports this year will drop and Romania and Bulgaria will have fewer crops – the secretary-general of the Hungarian Grain Processors, Fodder Manufacturers and Traders said on Thursday in Hódmezővásárhely-Batida. (MTI)