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ABC reports that bumper grain crops in Australia have boosted on-farm storage investment, with GrainCorp adding two million tonnes of storage. Silo manufacturers report customer waits of about 20 months.
Growing storage capacity shows large grain volumes are expected to continue, but it has little direct effect on global feed grain prices.
abc.net.auAnnie BrownJun 28, 2022Not 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.
