Grain Report Monday - 11th March
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!
This is important.
I will be away from my office this week taking a bit of R&R. Hence, I will only be putting out 3 reports for the week, unless of course something major happens.
Now back to the less important stuff.
The USDA released their world supply and demand guess on Friday night.
Surprisingly, in a bearish world environment, their adjustment to the world wheat balance sheet was slightly bullish, with demand up 1.46 million, which was due to feed demand increasing in Indonesia.
They increased the 23/24 Aussie wheat crop by..
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