AGIC speaker predicts grain lows have been reached

A SPEAKER at next week’s Australian Grains Industry Conference (AGIC) said he is confident grain prices will not push below current lows.

Dave Hightower, US-based author of The Hightower Report, a grain market analysis, said while it was unlikely the market will see a short term uptrend in prices, it was likely current prices would respect lows set earlier this year.