Tough Outlook for Grain Markets as Production Simply Exceeds Demand

Name: Tough Outlook for Grain Markets as Production Simply Exceeds Demand
Uploaded: 2016-08-30
Description: Grain markets can be complex, but there are times when simple economics are all that’s needed to describe a situation. If supply grows faster than demand, then prices drop. “World demand for grains — corn, soybeans and wheat — is up less than 1 percent, while global production is up a little over 2 percent, so…

Nov 9, 2015 by Kelvin Heppner

Grain markets can be complex, but there are times when simple economics are all that’s needed to describe a situation. If supply grows faster than demand, then prices drop. “World demand for grains — corn, soybeans and wheat — is up less than 1 percent, while global production is up a little over 2 percent, so…

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Kelvin Heppner

Kelvin Heppner, field editor for RealAgriculture, has been reporting on Canadian agriculture since 2008(ish). When he's not working on a story, he's usually in a chicken barn or a field, as he also farms with his family near Altona, Manitoba.