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Wednesday, December 30, 2015

Monsoon could depress feed grain further

By Angus Brown  |  Source: ABARES, ASX

After a patchy start it looks like the northern wet season has kicked off just at the right time. Large parts of Queensland and NSW have had a better than average December, ranging from just above average to double the average. There is more rain on the way over the coming week, which will give a boost to sorghum crops, and grass growers. However, what will it do to feed grain prices?

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