Well prices have hit $300 per metric tonne here for standard apw wheat multigrade fixed spread.
Will dip my toe in the water and do 5 to 10% of expected production.
Our dollar may devaluate more and futures rise if basis stays same or strengthens prices could rise to $310/320 even.
A drought prices will increase further.
Futures drop forwards fall.
GFC mark two occurs all commodities ease.
Interesting times will make some sales ps glencore and Louis dreyfuss are front runners closely followed by AWB a couple of bucks behind.
Better finish 14 harvest as well lol cheers all
Will dip my toe in the water and do 5 to 10% of expected production.
Our dollar may devaluate more and futures rise if basis stays same or strengthens prices could rise to $310/320 even.
A drought prices will increase further.
Futures drop forwards fall.
GFC mark two occurs all commodities ease.
Interesting times will make some sales ps glencore and Louis dreyfuss are front runners closely followed by AWB a couple of bucks behind.
Better finish 14 harvest as well lol cheers all
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