Wheat Price in Valetta

Latest available price

0 EUR/mt

Week of Jun 8, 2020 · EU Agri-food Data Portal

The Kordin Grain Terminal in Valletta's Grand Harbour holds 88,000 tonnes of grain across 30 silo bins and can unload fully laden Panamax carriers - Malta's main entry point for the wheat, corn and barley it imports to feed its small population. Source: Kordin Grain Terminal.

The lowest price among 43 reporting EU markets (Week of Jun 8, 2020).

Price Chart

Notable price events

  • 2007-08 global food price crisis — Drought in major exporting countries, combined with several governments restricting exports to protect domestic supply and growing demand for biofuel crops, pushed wheat, rice and corn to what were then record prices within about a year - triggering food riots in over 30 countries.
  • Russia's invasion of Ukraine — Russia's February 2022 invasion cut off two of the world's largest wheat and corn exporters and most of its sunflower oil supply almost overnight, while sanctions and blocked Black Sea shipping routes hit Russian fertilizer exports too - sending prices sharply higher within days across all four commodities at once, a rare case of one event moving so many markets simultaneously.

Other commodities tracked in Valetta