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Tuesday, June 04, 2019

Will it stay or will it go

By Angus Brown  |  Source: CME, ASX, USDA

It used to be unusual for US wheat prices to rally late in the northern spring and early in the summer. Generally, the winter wheat crop is set and waiting on harvest. In the last few years though, we have seen it more, so it’s worth a look at whether these rallies have been sustained, or if prices will trend lower with harvest.

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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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