You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

1 Sept 2016 (TheAge) – Never mind spilt milk. Wheat is burning

(1 September 2016, The Age, BusinessDay, p21, Michael Pascoe)

‘How cruel is farming. Survive weather’s vagaries to plant what promises to be a bumper winter wheat crop just in time to see prices crash. The world is awash with wheat. Record northern hemisphere production has capped four years of supply exceeding demand. Silos are overflowing, grain is being stored on the ground where weather permits it. After the dairy farmers media opportunity, the background for the next rural double header by the Prime Minister and his deputy could be a combine harvester.’

Read more at TheAge.com.au

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: