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Call to Trade Grain at Target Price

By Joe Watson, The Press & Journal.

FARMERS who still have grain to sell have been advised to set a target price and then trade when it is hit.

Openfield and Aberdeen Grain general manager Bruce Ferguson expects international markets for wheat, barley and oilseed rape to remain at about current levels for the immediate future.

This is mainly due to the eurozone financial crisis and problems in Greece, which have this week resulted in the value of sterling gaining against the euro to the point that up to £11 a tonne was knocked off the value of oilseed rape because of currency changes.



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