john risk - wheat price direction?, page-92

seems my original chart was updated to the new one also?? Must look for the image. Oh well.

On another note, there's a relatively high correlation between June/July prices in Australia and harvest prices, due to June/July price drivers being ones that actually end up rationing supply (in the event of production issues) or pressure price (due to ample nth hem production).

The next month or so will be telling.