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Wednesday, October 28, 2015

How strong can wheat prices get in a local supply deficit?

By Angus Brown  |  Source: ASX, CME, Trade

With crop conditions varying widely across eastern Australia, there are areas where the grain supply could fall below local demand. This article looks at how a local supply deficit impacts price, and how high prices can go this year in those areas.

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Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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