European should brace themselves for further food price rises as Europe’s agriculture commissionaires have said. High cereal prices have increased animal feeds costs and farmers will soon have to pass on these increased costs to the ultimate consumers. What can the consequences be regarding wheat and wheat prices and pricings ? It is more than obvious that especially for poultry products - which is the most cereal heavy production stream and methods - that prices should be on the way up. Poultry is rated at one third more expensive than a short time period before. Wheat has risen 80 % ytd, maize 50 % which will soon affect pork and beef prices over the next immediate time frames.
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