Wednesday, 26 September 2012
In 2012-13 MY record grain prices has already been committed – Rabobank
Analysts of Rabobank revised the forecast for growth in grain prices. The credit organizations believe that the absolute records for the period of 2012-2013 MY already been committed.
So the prices of crops will decline in the first half of 2012-2013 MY.
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In particular, this trend will be evident in the April-June.
Rabobank experts expect a future increase in grain yield of South America. This fact will have an impact on reducing prices.
Источники:
Food Monitor
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