Whats the issue now.
Market thinking non freindly usda report this week?
Poor exports?
More wheat in the world than thought?
Australian harvest a bit like canadian harvest has exceeded all expectations super dry in many areas but still pulling of average or just below average crops no train wrecks it seems.
Farmers worldwide are getting better at growing more grain on less rain.
Reading the wire pre empting usda production projection report or whatever its called are suggesting growers will plant more wheat hmmm go figure??
Australia i would imagine huge huge increase in canola acres over pulse crops so lentils may rebound to a degree.
Interesting feed barley prices are strong here i think 30% less feed barley was planted along with a dryish year market has responded thats actually how markets are meant to work with no distortion.
End of gibberish from me today cheers
Market thinking non freindly usda report this week?
Poor exports?
More wheat in the world than thought?
Australian harvest a bit like canadian harvest has exceeded all expectations super dry in many areas but still pulling of average or just below average crops no train wrecks it seems.
Farmers worldwide are getting better at growing more grain on less rain.
Reading the wire pre empting usda production projection report or whatever its called are suggesting growers will plant more wheat hmmm go figure??
Australia i would imagine huge huge increase in canola acres over pulse crops so lentils may rebound to a degree.
Interesting feed barley prices are strong here i think 30% less feed barley was planted along with a dryish year market has responded thats actually how markets are meant to work with no distortion.
End of gibberish from me today cheers
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