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BUDAPEST – A further increase in milling wheat prices can be seen in the Hungarian domestic and European markets. As the new crop in Ukraine and Russia can be said to be good, the main reasons for the price increase might be, on the one hand, the general inflation pressure due to the more than decades central banks quantity easing policies, and on the others the steady Chinese strong demand of corn, rapeseed and others.

The current Hungarian milling wheat price has peaked at 228 EUR FCA Hungary and feed wheat at 225 EUR FCA Hungary in the past week.

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