
Farm Online reports that ABARES expects Australian grain production to recover in 2020-21 after a 2019-20 season that was 18% lower in volume than the record 2016-17 crop. Domestic grain stocks are historically low, and high domestic prices are likely to persist for some time.
Low stocks and a recovering crop leave the domestic balance tight in the near term, so prices may stay firm before supply rebuilds.
Setelah 406 peristiwa laporan netral sebelumnya, Gandum (SRW) bergerak median -0,2% selama 5 sesi (47% lebih tinggi; separuh tengah -1,6% sampai +1,5%), dan +0,0% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.