Volatility in grain prices expected to moderate in short term

GRAIN price volatility is here to stay but will moderate in the short term, the Teagasc national tillage crops forum was told in Newbridge, Co Kildare, yesterday.

John Bergin, R & H Hall, said the price volatility is linked to many factors but supply and demand are the big drivers.

Other factors to consider when managing a response to price volatility include production prospects, weather, the price of oil, currency movements and the global economic crisis.