Firtst paddock is yeilding just short of 60 bushels to the acre of wheat
Sold some yesterday which netted me $292 in my pocket with frieght and charges off.
Think wheat is getting toppy in the short term, not alot more bad news to come is there.
And our top quality Hard1 wheat has been trading as high as $400 per tonne and millers can import wheat far far cheaper so once you get to this stage it cant go any higher.
Basis in $A terms is $60 over chicago
Sold some yesterday which netted me $292 in my pocket with frieght and charges off.
Think wheat is getting toppy in the short term, not alot more bad news to come is there.
And our top quality Hard1 wheat has been trading as high as $400 per tonne and millers can import wheat far far cheaper so once you get to this stage it cant go any higher.
Basis in $A terms is $60 over chicago
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