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Tuesday, December 22, 2015

What are the chances of a grain price rise?

By Angus Brown  |  Source: CME, ICE

As the year comes to an end, the Australian harvest is also finishing up. This means growers will need to make decisions on whether to sell grain, or hold into the New Year. With basis unlikely to move far given the harvest is now known, price rises will rely on rallies in international markets.

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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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