Insights on the Current Global Grain Market

Published: May 12, 2022, 5 a.m.

b'Phelim Dolan from Comex McKinnon joined the Tillage Edge podcast this week to talk about the current grain market and the prospects for the coming months. \\n\\nPhelim talks about the pressures on grain supply before the war in Ukraine started and the current effect of the war on prices now. \\n\\nLooking forward, Phelim pointed to the crisis in some sectors due to very expensive grain and a strong possibility of a global recession, which is predicted for the latter half of 2022 into 2023 which will have a negative impact on grain prices. \\n\\nConsequently, Phelim wouldn\\u2019t discourage farmers to forward sell grain, given the historically high prices, to lock in some profits.\\n\\nFor more episodes and information from the Tillage Edge podcast go to:\\nhttps://www.teagasc.ie/crops/crops/the-tillage-edge-podcast/\\n\\nProduced on behalf of Teagasc by LastCastMedia.com'