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Wednesday, December 09, 2015

Waning harvest pressure sees Canola and Malt rally

By Angus Brown  |  Source: Trade, ICE, ASX

With harvest rapidly moving south and most deliveries north of the dividing range now mostly wheat, Canola and Barley have rallied, with malt barley faring the best. Here we take a look at current pricing levels and assess whether there might be further upside, and where the downside risks lie.

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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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