Asia Grain Outlook: Lower Prices May Boost Physical Buying

Wall Street Journal (August 8, 2011) | Asian grain prices will likely slip this week, which could accelerate the pace of transactions in the physical market, trade participants said Monday. Standard & Poor’s downgrade of the U.S.’s sovereign debt rating could present the type of dip-buying opportunity importers in Asia have been on the lookout for since prices surged last July, never returning to levels seen in the previous year.