No Bonza! Most farmers would prefer to be able to sell their wheat rather than store or warehouse. Equity is looking sick and there are fertilizer bills for next season to start shouldering. And non wheat income from cash sales at harvest of deregulated grains like barley, canola and lupins is well down. The Australian wheat price at the moment is lagging international parity because of the mess the Government and AWB have created. It took the two to tango.
AWB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
