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Soaring French cereal profiteaux wheat prices

2022-04-24T16:21:22.357Z


Unless there is a major hazard concerning the 2022 harvest, margins will reach historic levels this year. But for farmers who have been late buying their fertilizer, cost inflation will limit profits.


While the prices of wheat, corn, sunflower or rapeseed are flying from record to record, first boosted by the post-Covid economic recovery and then by the instability linked to the war in Ukraine, not all agricultural sectors are not affected in the same way.

Breeders have been suffering from this surge in world prices for a year, the cereal and protein ration of their animals weighing up to 75% of their production costs.

For their part, field crop producers will probably do better. even before being harvested.

After stabilizing in March,

the price of a tonne of common wheat due in September - i.e. for grains from the 2022 harvest - thus rose sharply again in April.

They reached 361 euros per tonne on the European market on Friday, i.e.…

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Source: lefigaro

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