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Expert: world's grain prices will not rise in 2017
On the world markets, there is an overproduction of grain and in 2017 the growth in prices is not expected
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This conclusion was made by the analyst of the world market of grains and oilseeds Elena Genova, according to "UkrAgroConsult". According to her, the last two seasons, a decrease in grain prices due to their overproduction. This leads to the growth of world reserves.

"Therefore, companies are trying to develop a strategy to obtain high margins from the production of crops. For example, in the United States reduced the acreage under wheat in favor of soybeans, and in Canada focused on the production of niche crops, such as peas and chickpeas. Factors for the growth of grain prices is not expected"
, — she summed up.

Photo: 163gorod.ru



Translated by service "Yandex.Translation"
Источники: Latifundist.com
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