Milling rye prices in the EU (Germany) climbed by almost 4% month on month to 216 USD FOB, while feed values decreased slightly to 202 USD. Milling rye prices in Russia increased by 19 USD to 166 USD at inland terminals, owing to increases in other grains.
In Europe, the Russian Federation, Belarus, and Ukraine are the most important markets for rye. The market in this region is anticipated grow at a slower rate than the market in ROW in the coming years. The European Commission announced its plan to modernise the EU Common Agricultural Policy (CAP) in January 2020, focusing on innovation to facilitate rye market growth in Europe in the upcoming years. Rye is mostly grown in Eastern, Central, and Northern Europe. In most areas east of the French-German border and north of Hungary, it is the primary bread cereal.
In 2020, the EU and Russia accounted for roughly 81 percent of global rye production. Rye grain is used in the production of flour, bread, beer, crispbread, whiskeys, vodkas, and animal feed in Europe. Furthermore, Europe is the largest rye exporter to other regions such as North America and APAC.
Procurement Resource provides latest prices of Milling Rye. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Procurement Resource provides prices of Milling Rye for several regions around the globe, which are as follows:
Rye (Secale cereale), belonging to the grass family Gramineae and the Secale genus, is a cool-season cereal grain that is cultivated almost exclusively in parts of Europe. Rye grain is milling into several forms, which is further utilised for preparing meals as well as flours. Rye milling is like the milling of soft wheat, and, a rye mill utilises grinding and sifting equipments like the ones used in wheat flour milling. Rye flours, owing to the variation in milling refinement process, may differ in colour, flavour intensity, and quality. Rye flour finds wide application in the production of baked goods, particularly in Northern and Eastern Europe.
The exact process of producing Milling Rye can vary, depending upon the type of grain being utilised and the specific end product desired, but usually, in mill, first of all Rye is passed through the first set of rolls (this being the first break), followed by a series of breaking operations. During this operation, the resulting flour stock is sifted out at different stages in order to collect different classes of product, which is used to obtain precise grades of flour, and finally the resulting stock is classified according to size.
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The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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