'Mr Market' is pessimistic, but not so long ago (such as during some of 2018), SP was at A$3.50 to A$4.00.
Some things have changed: there wasn't crop insurance taken out then, and geopolitics are different.
Like rural Oz's stayer, I'd like to wait a while before daring to attempt even a guesstimate re El Nino, but so far, so good.
2023-24 Harvest Updates, page-108
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