Hold off on all sales boys! WA is up the crapper. Australia's...

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    Hold off on all sales boys! WA is up the crapper. Australia's basis should strengthen significantly in the coming weeks. June delivered anywhere from 5-10mm for almost the entire State. Crops are more forward than they have ever been with the perfect start but most are now nitrogen deficieint. Simply had a decent enough rain to take the nitrogen into root zones. Now the next 2 weeks also look dry. Crops are crawling back into the ground.

    Me will be unwinding some canola and wheat SWAPS positions this week on this latest USDA gifthorse ...

    How we looking over East?

 
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