Low grain prices in Poland are caused by the situation in global markets

Grain market expert Mirosław Marciniak said that a drop in grain prices was not caused by the Ukrainian grain import but by the situation in the global market. 

On his Infograin blog, the expert questioned whether the possible opening of the border to the import of Ukrainian grains could result in the domestic market being flooded with grain from Ukraine. As he said, "from a purely commercial point of view, we are not at risk of repeating last year."

Marciniak recalled that increased imports of Ukrainian grain to Poland occurred in years when we experienced an increase in domestic prices. This was the case, for example, in the 2018/2019 season, when 220,000 tons of Ukrainian corn entered Poland". He added that this year, importing grain from Ukraine will not be profitable because domestic grain is cheap and its supply is large.

(PAP)