The outbreak of the Israel-Iran war has triggered a long-awaited upswing in the price of wheat for Australian farmers, and planting this year looks set for a solid winter crop.
Last week, global wheat prices climbed as high as $US5.90 a bushel – a 10 per cent jump from the days leading up to Israel’s bombing of Iran's nulear sites on June 12...
This is a headline and opening salvo from 'AFR' today.
Note that GNC isn't a graingrower, but has its finger in the pie in many places as @Portsmouth reminds us:Farmers welcome wheat price spike after Iran conflict
Cecile LefortMarkets reporterJun 25, 2025 – 5.00am