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Price insurance allows farmers to lock in at a minimum price, while also allowing farmers to gain if the price goes up. \ Donal O Leary
Grain prices have been on an upward trend of late. The
Irish Farmers Journal spoke with Rory Deverell earlier this week who explained that it is “not common at all to be in a situation where the market is giving us these good prices in rapeseed, wheat and barley this early”.
Rory explained high demand for corn is a big factor. China’s pig herd is in recovery and so more feed is needed.