date:Nov 15, 2012
ll persist in 2013, a key factor for the future direction of grain market prices.
In countries such as Russia and Ukraine exporters oversold available grain stocks this year, he told a conference in Geneva.
As a result of restricted FSU (Former Soviet Union) trade, North America must supply world grain importers in the first-half of 2013 and Latin America afterwards, said Mr. Basse.
Mr. Basse warned that European Union export licenses are growing at a very fast rate and this leaves limited st