Grain Report Friday - 12th July
What price do you want for your grain?
Overnight moves in international markets and yesterday's actual traded prices across Australia are below to help you determine your price. If you need to change your offer price, simply edit it before market open.
Look Out!
The bleeding has stopped, with wheat markets up as the trade positions itself before tonight’s USDA World Supply and Demand, lets pull a number out of our hat.
Corn and beans were unchanged as the market has no idea what the Yankie government will do.
Regarding Corn, the big hairy elephant in the room is the Brazilian corn crop, which everyone in the world, including my back waxer, has under 110 million tonnes and the Yanks have it at 122 million tonnes. C’mon, Yanks, admit you have got it wrong and just make the change.
Blame it on......
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