Got me puzzled for sure. Chance of a wet year is elevated but no reason right now to cause people to hit bids like in the last couple of days. Forecast rain will benefit everyone south of Dubbo (not so much on the barley) as its providing more growing time under cool/wet conditions, ideal for crops to fill and reach potential. Even if the crop is downgraded, it only means it'll take more time to export which is a net benefit to storage providers. If anyone can shed some light, I'd be all ears
GNC Price at posting:
$3.84 Sentiment: Buy Disclosure: Held
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