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Temperatures in the high 30s and 40s Celsius stressed sorghum crops across southern Queensland. Only 10 to 15mm of rain fell in late November, and growers need more rain within a fortnight.
Heat stress threatens yields in a crop that is already scarce, which supports sorghum prices and premiums for old-crop grain.
queenslandcountrylife.com.auLloyd George, Ag ScientiaDec 3, 2018Not 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.
