Not all of this 'The Weekly Times' article (23 September 2020) is positive - it starts off referring to 'disappointing rain' but its worldwide brief summary for graingrowers makes interesting reading (prices quoted were as of Tuesday 22 September):
(as a city boy, it's not clear to me where the author got 'challenging production outlooks' for Oz from, unless a reference to WA and to a lesser extent South Australia).The dry conditions delaying planting of crops in Russia and the Baltics, strong demand for corn to China, wheat demand from buyers in the Middle East and challenging production outlooks in both Argentina and Australia combined to push wheat futures up $6.90 a tonne in Paris, $16.60 in Chicago and $12 a tonne on the ASX.
A lack of grower selling in Europe, Australia and the Black Sea region has also supported prices.
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Last
$7.79 |
Change
0.030(0.39%) |
Mkt cap ! $1.731B | |||
| Open | High | Low | Value | Volume |
| $7.78 | $7.81 | $7.71 | $10.86M | 1.397M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3940 | $7.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.79 | 21209 | 3 |
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