date:Sep 15, 2015
than 40,000 lots over the fortnight, making it the most bearish fortnight for wheat in 15 months.
Expectations for wheat prices have faded with signs that El Nino is causing only limited dryness in Australia, rather than the extensive rainfall deficits, and sharp drops in wheat yields, that it can bring.
Furthermore, export markets have seen heightened competition, with sellers from France and Russia in particular seen slashing prices in a bid to shift hefty harvests.
Rare sugar net long
Am