Rising grain prices will push food prices up – Lithuanian producers

Higher grain prices, which have gone up by a third, will soon be reflected on the food shelves as prices of flour, bread, as well as meat, chicken and eggs are set to rise.

Gintaras Bagodas of grain processing company Kauno Grudai says grain prices are being pushed up by worse than expected crops in Russia and across Europe.

Tautvydas Barstys, board chairman of GK Group, believes that flour and poultry price increases are unavoidable. Arvydas Noreika, head of commerce at grain processing company Malsena, also agrees with the opinion flour prices will go up.

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