2020-21 Harvest Updates, page-60

OK my 2 cents are this --> I have no idea why its been falling, market obviously doesnt like it for some reason that I dont know..... What I do know, and this is fact --> nothing has changed fundamentally to the business of S&H and exporting crops since it was touching $4.60.... the crop is a thumper, think we all know that now and recieval data continues to show this. December will be the biggest export month out of Australia for wheat, on record. There is no shortage of bulk vessels Hopeful, however container exports are challenging due to a lack of empty containers. The train that went off the line at Moss Vale will cause some headaches but nothing to justifiably worry the price. Export margins remain fantastic and you cant get access to a GNC port for the next 6+ months cause they are fully booked. China doesnt mean anything as we are competitive everywhere else so it largely irrelevant. So fundamentally, nothing has changed in the underlying business they operate in. Actually its improved if anyone looked at a weather map last night over summer crop country in NNSW and QLD

Which makes me think this something else and or just white noise that'll pass and we'll move higher. I'll be adding at $4.00 if I get the chance