By Olivia Agar | Source: Riemann, ACA
The forward market was quite subdued again this week, echoing the flatlined physical market. No traders were looking to lock in too far ahead with all contracts dealt for later this year.
Three forward trades spanned the week, all in the 21 Micron category. Two deals for November 2017 were struck at 1,530¢ and 1,540¢. A December 2017 contract also traded, again at 1,540¢.
No minimum price contracts traded this week.
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.
Mecardo will send you its latest market analysis outlook delivered to your Inbox as it's published. You will also receive one month Premium access for free.
You tell us what information you want to hear about, so you'll only be alerted to information that is relevant to you.Learn more about Mecardo Sign Up Now!