Weather conditions and food prices in the 3rd quarter of 2022

Abstract

The influence of drought on the grain harvest in the Russian Federation is analyzed. The quarterly statistics of the excess of domestic producer prices over world prices on the milk and sugar market are given. Producer prices for grain, milk, meat and sugar in Russia, the EU, and the USA in the 3rd quarter of 2022 are compared. There was a slowdown in food and general inflation in Russia in the 3rd quarter compared to the 2nd quarter.