The price of milling wheat increased in September, but it was cheaper than the average price of corn

By: trademagazin Date: 2014. 10. 08. 11:55

The Magro Grain Index (MGX), decreased by 2 percent in September, compared to the previous month standing on 9978.4 points on the Magro.hu agricultural marketplace.

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Although the price of milling wheat increased, but a less than or greater drop in the price of other cereals turned the index negative overall.

The supply of milling wheat became smaller than usual due to the high rainfall resulted. A 6 percent increase occurred in the market price, but the price of feed wheat has not kept pace rather stagnated.

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