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Market Development June 2010
Now the General Election is in the immediate past and we have just had the first budget of the new coalition government. As anticipated here earlier this year we have now been officially told that our economic predicament is worse than first thought!! Suprise suprise - the exact same thing happened after Mrs Thatcher took power in the eighties.
Poor weather conditions in Canada has meant much sowing is being re-done and what has been done is giving rise to concern as it is not germinating. This is the case with wheat, Canola and Linseed. The consequences can be seen in the firming of the oilseeds markets where ex farm prices for OSR reached £250 per tonne off the combine. Wheat prices remain good with feed for harvest at about £95 per tonne with a good premium for milling varieties.
The devaluation of Sterling has been hampered somewhat by the economic crisis the European Union finds itself in. Greece, Spain, Portugal and Italy all are in serious difficulties with rising unemployment a nasty consequence.
Agriculture needs a shot in the arm and no better sector than livestock! Yes livestock farmers are the poor relations of this industry but they could be the key to recovery. We need to invest in this sector.We need all the meat we can produce..
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Cereals 2010
This years Cereals exhibition and show is to be held on 9th & 10th June 2010 at Vine Farm, Wendy, Nr Royston, Cambridgeshire. For more information www.cerealsevent.org.uk | 
