Yep agree it is the margins that count. Big factor in the margins though was the large supply in Australia. We literally couldn't export anymore if we tried. I knew exporters that would buy there proposed limit one day, then lower than price $10-15/t and still have plenty of growers keen to sell. The margins got to $40+/t whereas normally its a couple bucks.
Even if the EC does get rain this week we are forecast to only produce ~60% of grain that was produced last harvest.
- Forums
- ASX - By Stock
- Global wheat prices
Yep agree it is the margins that count. Big factor in the...
Featured News
Add GNC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$8.68 |
Change
0.000(0.00%) |
Mkt cap ! $1.953B |
Open | High | Low | Value | Volume |
$8.75 | $8.79 | $8.67 | $1.670M | 191.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 2305 | $8.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.69 | 1193 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 111 | 8.680 |
18 | 6347 | 8.670 |
10 | 5217 | 8.660 |
10 | 11241 | 8.650 |
6 | 2085 | 8.640 |
Price($) | Vol. | No. |
---|---|---|
8.690 | 4274 | 28 |
8.700 | 10725 | 15 |
8.710 | 6637 | 14 |
8.720 | 15368 | 13 |
8.730 | 2736 | 7 |
Last trade - 14.32pm 11/07/2024 (20 minute delay) ? |
Featured News
GNC (ASX) Chart |