Wheat There is a delayed wheat harvest in Australia due to rainfall in the last few weeks. The NSW and QSL experienced huge rains, while WA remains unscathed. WA’s AH numbers are below average, but it is too early to generalize the quality of the wheat harvest. There may be a minor quality impact, unless… Continue reading Romarcom’s Market Update
Wheat Cash and Futures market remains strong globally as freight follows the same trend. The speculation surrounding Russia capping exports has caused the strong movement of prices. The remaining shipping capacity for Australian wheat export has been tight for Nov/Dec/Jan positions. Harvest has begun in Australia, and we look forward to having a better overview… Continue reading Macro Commodity Prices Remain Firm and Bullish
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