IFA Grain Market Outlook Conference

IFA is hosting a conference to examine the options open to farmers to mitigate price volatility, boost productivity and resulting incomes, access cheaper finance and create value added. The conference also takes a detailed look at the new trailer regulations which were brought into force at the beginning of the year.

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Grain farmers’ incomes have fallen significantly in recent years as growing world stocks dampens investor sentiment, pressuring grain prices lower. Key speakers will address a number of topics including: market outlook for 2016, price risk management strategies, role green cover and catch crops, alkaline grain storage & preservation systems among other items.

Agricultural prices according to the FAO’s food price index have fallen by close on 30% from 2011 to 2015. The cereal price index alone for 2015 was down by 15% and continues to fall. The International Grains Council in its latest report has forecast grain carryover stocks for the 2015/16 crop year to build. High world grain stocks, the largest in almost 30 years, in tandem with a slowdown in the Chinese and other developing economies, falling oil prices and the resulting turmoil in financial markets continues to pressure world grain and agricultural commodity prices lower.

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