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Cheap wheat from Russia

A few weeks ago Irish grain growers were complaining about the prices that the merchants were offering for their produce following this year’s harvest. It is little wonder that the prices that were offered were quite low by Irish standards when just recently it has been announced that wheat is being shipped from Russian ports at just €86 a tonne. It is then being exported and landed in Italy for €103.64 a tonne which is far less than what the Irish farmer would hope to receive for his crop. It seems that both wheat and maize continues to be imported into the EU at the current knock-down prices even though the same EU has just recently brought back the import levies.

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