Cereal prices to stay low analysts

23 July 1999

Cereal prices to stay low — analysts

PETER COOK, head of the Scottish Agricultural Colleges rural business unit, is was pessimistic about the future for cereal producers at a recent business briefing.

Mr Cook told the Home-Grown Cereals Authority that farmers would have to come to terms with current prices with little promise of any change.

At the same briefing, David Boulton of consultants Andersons, forecast a five-to-seven year wait before the pound reached a more acceptable level than at present.

Messrs Cook and Boulton also reported on their work assessing the value of the HGCAs research and development work on variety choice and sowing rates.

One of the findings was that the selection of seed variety can have a significant effect on yield.

• The Herald 23/07/99 page 28