Rabobank predicts the rising cost of wheat in 2010-2011

/IRBIS, July 30, 2010/ - Analysts of  Rabobank Agri Commodities once again
presented the results of its analysis of the impact of global fundamental factors
in the world wheat market in 2010-2011, said today Kahagromarket.

Thus, according to experts, in this period the price of wheat on the world market
will increase to $ 184-220 vs. $ 165-202 per tone, predicted earlier.

As indicated, the main signal in support prices made by adverse weather
conditions, which significantly reduced the capacity of grain production in
Europe. In addition, the experts stressed the possible increase in demand for
goods from Australia and Argentina.

[2010-07-30]