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Thursday, September 17, 2015

Wheat yield prospects still rising and pressuring basis

By Angus Brown  |  Source: AEGIC, ASX, CBOT, ABARES

The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released its September crop report last week, with the main feature being upgrades to expected yields for all crops in all states. The latest AEGIC predicted shire wheat yields maps suggest that wheat production could still move higher.

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