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Thursday, October 05, 2017

Wheat seasonality: Imitation is the sincerest form of flattery

By Andrew Whitelaw  |  Source: MLA, CME, ACA

The market has been tumultuous over the past three months. Australian farmers are currently receiving very strong basis levels across Australia, which will assist keeping prices strong (for those able to harvest a crop). In this analysis we take a look at the seasonality of the futures markets, and how prices have moved in the past quarter.

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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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