Skip to content
Advertisement

Business

Grain prices grow amid drought concerns

15:08

Grain prices grow amid drought concerns
Source: Pixabay

Grain prices are rising in response to reduced grain supply and concerns about grain quality due to drought, according to the Grain and Feed Chamber. Farmers who still have grain stocks are waiting for further price increases. The recent surge in grain prices on global exchanges and uncertainty about this year's harvest size have led farmers to hold onto their grain supplies in hopes of higher prices. There are few selling offers for practically all types of grain.

Market concerns are growing about the condition of crops, particularly in the north, west, and central regions of the country, where insufficient rainfall is degrading the condition of spring grains. The meteorological drought persists, and recent sporadic rainfall has not significantly improved moisture conditions in the northern part of the country.

Source: farmer.pl

More from Business All