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Forum users discuss the possibility that Australia's 2018 wheat crop could fall to 13 million tonnes if dryness persists, against ABARES at 21.9 million and USDA at 22 million. The thread also includes a post about a NSW farmer considering culling livestock due to feed costs.
The speculation highlights downside risk to Australian supply if drought continues, but it is unofficial and offers no new data on prices.
agriville.comJul 23, 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.
