Yes Vic is looks very good, those guys around there rarely miss. more the case of the Mallee/western Wimmera - when they turn it on, they crank out very good crops. QLD was still not bad production, and too be honest its such a small winter crop growing state, makes little difference. QLD will likely produces ~800k of wheat this season vs NSW at ~12ish and VIC at 4.5Mt. Hopefully QLD comes in with a summer crop as thats another couple million tonnes kicked into the silos in March/April next year.
As I've said before, I believe the fall is because of Ellerston hitting bids based on losing that mandate, hopefully those pricks are done!
GNC Price at posting:
$3.72 Sentiment: Buy Disclosure: Held
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