talk of a bigger cereal crop in the east than has occured since deregulation.
logistics and harvest prices will be interesting.the domestic market is being informed by the dairy sector that domestic feed will have to be priced at a level that makes milk production profitable. [didn't see the dairy sector that keen to share the 'rivers of gold' when dairy was highly profitable,--or share the government subsidies,or share the windfall the dairy sector got from the water rights legislation changes,but share the pain...by all means.]
lot of vunerable grain growers went for lower risk cereal production only,this means the weakest growers will have an even greater impact on harvest cereal prices than normal.
