date:Nov 01, 2012
The Indian wheat industry believes they are the right country to fill the hole left from Ukraines exit from the export market, writes Rich Nelson, Chief Strategist with Allendale Inc located near Chicago.
One industry executive, M. K. Dattaraj notes prices are $10 to $14 per tonne lower than the US.
He notes Australia wont be a force until early January when its new crop is at the ports.
One limiting factor is shipping. It can take anywhere from 15 to 60 days just to load a ship at its vari