Fair propertion of NSW likely to get handy rain today and the next couple of days….will start to shore up acres for this next plant, especially on heavier soils…some will go in in April on this moisture, and potential for May plant in it with moisture seeking to a bit of depth.
the selling has been silly, though wheat prices have come off which likely prompted some of the “ very clever” instos and hedge funds to sell, along with some El Niño predictions
....we have had that discussion here that it makes little difference to GNC..(the wheat price)…perhaps their fat margins on grain trading will shrink a bit, and the ceo has already alluded to that in the last report!
GNC Price at posting:
$6.89 Sentiment: Hold Disclosure: Held
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