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Southern NSW harvest is starting in canola and barley paddocks, with northern regions largely finished. Wheat prices are strong on northern demand and grower premiums, while canola has declined over six to eight weeks on weak European export markets amid Ukrainian supply.
Strong northern wheat demand supports Australian feed and milling wheat values, while canola weakness reflects export competition from Ukraine.
theland.com.auCraig EdnieNov 16, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
