Dunno if posters have been following weather in Oz
Kinda damp in NSW and another round this week and look to continue.
Crop reductions maybe maybe not but downgrades seem inevitable.
Will world markets take note doubt it just a ripple in scheme of things.
Domestically increase premium grades one would think and decrease feed wheats.
Some spots had 100mm last two days and 200 for last 7.
Not me were sort of100 kms from where its starts.
Big variance at elevator even though harvest hasn't started. Bog standard medium protein milling wheat $43 spread per tonne between top price and bottom plus many buyers not posting prices at all.
Kinda damp in NSW and another round this week and look to continue.
Crop reductions maybe maybe not but downgrades seem inevitable.
Will world markets take note doubt it just a ripple in scheme of things.
Domestically increase premium grades one would think and decrease feed wheats.
Some spots had 100mm last two days and 200 for last 7.
Not me were sort of100 kms from where its starts.
Big variance at elevator even though harvest hasn't started. Bog standard medium protein milling wheat $43 spread per tonne between top price and bottom plus many buyers not posting prices at all.
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