date:Aug 04, 2012
ow industry volumes into negative territory. However, it will not help in delivering a much needed crutch to industry volumes.
Alex Waugh, director general of NABIM, the millers' trade body, said the outlook wasvery badwith regard to wheat, with prices having shot up due to the worst drought in 50 years in America, which has brought record temperatures. At the same time, the UK has seen the highest rainfall since records began, which has caused disease in crops.
Price rises inevitable
Price r