Loading…
Ag Scientia notes growing concern about skilled labour shortages at harvest due to COVID-19 travel restrictions, which could cause delays and quality downgrades. Private analysts forecast a national wheat crop of 26 to 28 million tonnes, and Australian grain markets fell the prior week.
Harvest labour and quality risks could tighten high-quality wheat supply, but the large crop outlook keeps overall feed grain prices under pressure.
theland.com.auLloyd George, Ag ScientiaAug 13, 2020After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
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.
