Tuesday, 17 August 2010

Tomorrow they decide…

…whether to introduce a grain export quota of 2.5MMT for period until late 2010 to ensure food security of the country. I think we can take it as given.

So that will be low yields coupled with low prices for the second year running. Abso-feckin-lutely brilliant!

My guess is the quota will be lifted some time after the local elections in October.