re: widespread frost damage in wa
Von Crumb I am not sure about SA. WA is where the AWB gets the majority of wheat for export since we are the largest producing state. If you want to monitor tonnages coming through the WA grain receival system go the the CBH website : www.cbh.com.au
There is a danger in shorting AWB in that there are still a lot of holders that are farmers who basically will never sell because they are stock illiterate. I would be waiting for closer to the federal enquiry and the ABARE report in December. I take no notice of these armchair analysts like in today's media. I'll keep you posted with development coming out of the PGA in the local media here. If I get time I'll scan an article from the Farm Weekly here tonight.
AWB Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held