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Arable Farming
Cropping
Price predictions for the next 12 months
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<blockquote data-quote="CORK" data-source="post: 7684759" data-attributes="member: 2193"><p>Was it around 2007-2008 that traders in London were saying that we we were in for a prolonged period of high grain prices?</p><p>I recall lots of grass being ploughed out in Ireland for the harvest of 2009. 2009 turned out to be a disastrous harvest in Ireland from a weather and grain price point of view. Agri diesel hit €1/litre the same year.</p><p></p><p>A friend of mine (buys all the inputs for a large feed company) told me in 2008 to never underestimate the world’s ability to produce grains.</p><p></p><p>He was right.</p><p></p><p>If I were a betting man, I’d expect prices to be lower next harvest than what they are now not allowing for potential weather issues that could occur.</p></blockquote><p></p>
[QUOTE="CORK, post: 7684759, member: 2193"] Was it around 2007-2008 that traders in London were saying that we we were in for a prolonged period of high grain prices? I recall lots of grass being ploughed out in Ireland for the harvest of 2009. 2009 turned out to be a disastrous harvest in Ireland from a weather and grain price point of view. Agri diesel hit €1/litre the same year. A friend of mine (buys all the inputs for a large feed company) told me in 2008 to never underestimate the world’s ability to produce grains. He was right. If I were a betting man, I’d expect prices to be lower next harvest than what they are now not allowing for potential weather issues that could occur. [/QUOTE]
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Price predictions for the next 12 months
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