Grain Report Monday - 15th 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!
“I would like to introduce the July USDA WASDE report; President Bullish…..whoops, I mean President Bearish, yes Bearish, not bullish, we are fighting bullish and inflation”.
But then we have Donald Duck living up to his name, and by that, I mean ducking and living.
The damage to his right ear is completely irrelevant, as the Duck doesn’t listen to anyone anyway.
Now where was I; oh yes, the Yankie Supply and Demand guess.
The Yanks increased world wheat production by 6 million tonnes, which also increased the ending stocks by 5 million tonnes to 257 million tonnes.
Last year they were 261 million tonnes, so we are tighter. Hang on, that's not bearish, our stocks are dropping?
They finally.....
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