Trademagazin > News and articles > Market News > The domestic wheat crop can be less than 2 million tonnes, compared to the usual
The domestic wheat crop can be less than 2 million tonnes, compared to the usual
In addition, less wheat and maize crop is expected this season. After these news hit the exchanges, the price of grain increased.
Worldwide yields are also worse, than expected. The International Grains Council (IGC), worsened its forecasts for this year, primarily because the unfavorable weather affected the development of the crop badly in the European Union and in the United States – reports szabadfold.hu, after MTI.
Related news
More related news >
Related news
You can still save, but not on all margin-stopped products
Although the effect of the Hungarian price caps is starting…
Read more >More than 13 tons of donations were collected at the joint Easter campaign of NOE and CBA
More than 13 tons of donations were collected during the…
Read more >Frosty spring, severe damage: fruit harvest could collapse in 2025
The April frosts caused serious damage to Hungarian fruit production:…
Read more >