Dry conditions in parts of Russia and eastern Ukraine seem to be expanding as cold temperatures now raise concern about production prospects. Sov Econ says winter grains are in the worst condition on record and it is being compared to the winter of 2009/10 when winter wheat production was sharply curtailed.
Wheat shipments from Australia will probably drop to the lowest in five years as dry weather curbs supplies in the world’s fourth-biggest exporter, according to a government forecaster, which cut its outlook 6.1%. Exports in the year started July 1 may total 16.99 million tonnes, from 18.1 million forecast in Sept. and last year’s total of 18.3 million, the ABARES said in a quarterly report today.
Maybe that's why Australia fall price 2015 is a dollar better than dear old Canada. Where the lowest price is the law.
USA has to be down to 7 lives with limited snow cover and cold last week. Warm up this week but dry. Time will tell the USA wheat crop amazes me.
So will our price inch up or stay flat.
Wheat shipments from Australia will probably drop to the lowest in five years as dry weather curbs supplies in the world’s fourth-biggest exporter, according to a government forecaster, which cut its outlook 6.1%. Exports in the year started July 1 may total 16.99 million tonnes, from 18.1 million forecast in Sept. and last year’s total of 18.3 million, the ABARES said in a quarterly report today.
Maybe that's why Australia fall price 2015 is a dollar better than dear old Canada. Where the lowest price is the law.
USA has to be down to 7 lives with limited snow cover and cold last week. Warm up this week but dry. Time will tell the USA wheat crop amazes me.
So will our price inch up or stay flat.
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