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What to expect from the grain markets in early 2024


Over the past few months, grain markets have not hit the headlines, but are still happily functioning in the background.

On the latest Tillage Edge podcast, Phelim Dolan, a grain trader in Comex-McKinnon, chats to Michael Hennessy about the current markets and what to expect in the coming months. Phelim highlights how the world had a good harvest in 2023 and the stocks-to-use ratio is quite comfortable. 

The market has bumped along within a narrow range for the past few months, but it is in a downward trajectory. According to Phelim, a large shock is needed for the markets to kick start into an upward trend.

Listen to the Tillage Edge podcast below: 

For more episodes and information from the Tillage Edge podcast, produced on behalf of Teagasc by LastCastMedia.com, click here.