World market of grains 2009/10: tendencies and prospects of development in the second half of the season

According to the world experts, the volumes of the world trading with grains on the world market will possibly lower by 11% due to the essential surplus of supply over demand. High harvest of grains in the countries of the North Africa and the Middle East also assisted to the development of the situation. However, the world market still expects for the results of wheat harvests in the countries of the Southern Hemisphere, including grain quality in Australia, reduction of grain production volumes in Argentina, due to the decrease of sowing areas and yield indices. And what will Kazakhstan initiate in order to promote own grains on the world market?

Keith Flury, leading analyst of the agency F.O Licht, will present his report concerning the mentioned facts and other aspects of the global grain trading, especially wheat trading, during the third International conference “Grain of Russia-2009”. The report will concentrate on the analysis of main factors influencing the situation on the world market of grains in the season 2009/10, and the forecast of the development of the market situation in the second half of the current MY.

F.O Licht is the part of the group of companies AgraNet. The company deals with monitoring and analysis of agricultural markets, publishes branch editions, and organizes international conferences at the related themes (grains, oils, biodiesel, sugar and etc.).

As a reminder, the conference “Grain of Russia-2009” will take place at Krasnaya Polyana area, Krasnodar Krai, Russia, on December 7-10, 2009.

Organizers of the conference provide the detailed information about the conditions of participation, sponsorship, and reporting:
Russian Grain Union
+7 495 6078345, 6078256, 6075279
uss@grun.ru
www.grun.ru

Source: AgriMarket.Info