Hi and welcome to this weeks Incitec Pivot
Fertilisers Grain Report Unfortunately for Australia’s east coast grain
growers, forecast rain over the last 7 days proved disappointing. While welcome where
it fell, the end June front tended to arrive too far west and in lesser amounts. The early
July front almost completely disappeared except for reduced amounts in Queensland and over
the “Golden Triangle” in northern New South Wales. On a brighter note, Western Australia
received widespread falls with more to come this
week. On the whole for the entire grain belt, the 3 months April to June were very tough.
Prices offshore are not lending any support with markets in wholesale liquidation mode
through June. The Incited Pivot Fertilisers Grain Report – powered by igrain