HSA launches new training DVD on poultry
OR ECONOMIST for the Home Grown Cereals Authority (HGCA) Julian Bell presented the future feed prices for the pig sector to meat industry delegates.
Highlighting the UK grain, soya and pig feed prices he said the volatility had dropped between January 2003 and January 2006. UK wheat crop and exports fell by 0.5 million tonnes between 1996/97 and 2005/06 and there was another big crop of world grain production in 2005 (including wheat and maize).
Mr Bell outlined the key issues for the outlook of the UK grain and feed market. He said global grain supply was safe in 2005 due to another big world crop leaving EU reliant on Brussels support. Looking towards the harvest of 2006, he said the world grain stocks were falling and the EU stocks were rising.
He said winter crops would be poor in FSU and US and stable in the European Union, forward wheat prices were above intervention and would need a crop problem to sustain it and the market was expecting a record for building soyabean stocks.
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