“The Ministry of Agriculture of Russia does not expect any reduction in the planted areas under grain crops for the 2018 harvest, declared the Minister of Agriculture, Alexander Tkachev on November 23.”
-APK Inform, Nov. 27, 2018
What it means:
If accurate – and in the absence of any major weather problem – more price pressure would seem to lie ahead.
How often have we heard “those who don’t learn from history are doomed to repeat it” and “the future is a repetition of the past”? I mention these quotations to highlight the similarities of an event that occurred nearly forty years ago and which now could again be possible.