Grain Prices 'Will Fall As Production Levels Rise' ; Grain Prices Are Going to Decline As More Farmers Bring Land Back Into Production, Said Professor Allan Buckwell, the Country Land and Business Association Director of Policy.

Summary

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Grain prices are going to decline as more farmers bring land back into production, said Professor Allan Buckwell, the Country Land and Business Association director of policy.

The easing of prices both for milling flour for bread and for feed grain for livestock may be expected; but it could take two or three years of normal harvests to build up stocks.

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Extract

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Grain Prices 'Will Fall As Production Levels Rise' ; Grain Prices Are Going to Decline As More Farmers Bring Land Back Into Production, Said Professor Allan Buckwell, the Country Land and Business Association Director of Policy.

He said: "I don't think the high prices will last, but they may not drop back all that far, becaus...

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