Monday, 25 July 2011

Harvest update

Harvest is a bit stop start with the odd shower slowing things down but not to the point that we would call it a wash out. Not yet anyway.

Reported yields are variable but seem on the upper side so we might see a half decent crop this year and the price is not looking too shabby either.

What effect the newly imposed export tax has we will have to wait and see but Black Sea grain is currently priced keenly or is that just all the spare old grain they have suddenly found in Russia?