date:Nov 23, 2012
CEREAL growers looking optimistically at future prices for 2013 which are climbing to new record levels were this week warned the biggest danger to higher revenues was a normal weather year.
Speaking in Edinburgh this week, Jack Watts market analyst with the Home Grown Cereals Authority, pointed to a range of extreme weather events around the world which had knocked yield potential over the past three years.
These had brought about the more than doubling in the value of grain to the point wh