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Rural Bank's crop report expects Australian farmers to plant more canola and pulses in the coming winter season and less barley, with wheat and coarse grain prices likely to stay historically low. Record global production and stocks are cited, and fertiliser prices are rising.
Heavy global supply and stocks keep cereal and canola prices under pressure, and rising fertiliser costs squeeze growers' margins.
graincentral.comGrain CentralApr 12, 2017Not enough comparable past events yet for a historical read.
Not 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.
