effect of russian drought

  1. 340 Posts.
    I have just read that Russia is having one of its worst droughts for decades and that the wheat crop will be siggnificantly affected. Apparently the next month will be critical. Russia is one of the biggest wheat producers along with Ukraine.
    There has been some speculative movement on wheat futures this week. I am wondering what effect a higher wheat price will have on AWB's bottom line.
 
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