Heatwave in Central Europe Spikes Grain Prices Amid Low Production Costs

A heatwave in Central Europe may be pushing up world grain prices after a prolonged period of low quotations. Farmers do not expect a shortage of production, but high production costs remain their main challenge.

Farmers in Estonia are hoping the heatwave will help grain prices recover, which currently remain lower than rising costs for fuel, energy, and fertilizers. However, the heatwave has not yet affected the harvest in Estonia and has not impacted prices in stores.

Experts expect this year's harvest in Estonia to be above average, with grain fields still green in the north and crops turning yellow in the south. Representatives of the agricultural sector warn that concerns about the harvest could cause fluctuations in the market.