Grain Report Friday - 21st June
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 markets continue to be overrun with panda bears with all three major’s, wheat, corn and beans off last night.
With the market dropping, the Egyptians will come in for some more wheat soon.
Reports harvest has commenced in Rostov, Hokey Pokey’s number 1 wheat producing region and initial yields are down by 41% compared to last year.
The Rostov region in Russia’s south, where all the “worry” was centred is forecast to produce around 11 million tonnes with an estimated yield of 3.5 tonnes per hectare, bit like Nullawil yields.
Last year.....
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