Podravka is willing to compensate the price difference following the price rise on the market.
The company is planning to purchase some 18,000 tonnes of wheat from producers in a wider area of Koprivnica.
It was earlier reported that Agrokor, a leading Croatian food and agribusiness group, would be buying wheat at the price of HRK 1.20 per kilogramme until 5 August.
On 3 August, representatives of farmers' associations from eastern Croatia, welcomed that move.
(EUR 1 = HRK 7.229500)