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1.Market Observations, 8.Was Sticky

10 Nov 2018 (AFR) – WA grain harvest: Late rain delivers $150m top-up, farmers shift into high gear

(10 November 2018, AFR, p10, by Brad Thompson)

‘A little bit of rain has made lot of a difference to farmers in Western Australia, who look set to keep the country in grain over the next 12 months and reap some of the best prices on record while doing it. They are also likely to spare Australia the ignominy of having to import wheat after the state’s rollercoaster grain growing season ended on a high thanks to some timely showers and mild temperatures last month that have increased the Grain Industry Association of WA (GIWA) production forecasts by more than 500,000 tonnes.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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