Wow what a season it is turning out to be, unfortunately in a bad way. It is dry everywhere in the cropping areas in oz. Usually get a few large areas of nice crops but not this year atm. Sub 20m/t definitely on the cards, even 18m/t if wide spread rain in the next few weeks.
Another Australian record price for lambs today only a few $ short of 300p/h. Good news for anyone in the sheep job but whos got sheep to sell?
My uneducated guess is apw wheat to be 400 port come harvest.
