Hello and welcome to this weeks Incitec Pivot
Fertilisers Grain Report There’s by no means been wholesale consensus
amongst forecasters, but this mornings latest model runs have added significant rainfall
for the parched northern New South Wales and Queensland growing areas. Starting Wednesday
with a second front following early in July, falls in excess of 50mm are predicted.
Whilst late, with new crop values where they are, it would be expected that planted acreage
will increase on this event. The sell-off in US markets has restarted overnight
having stalled on support late last week to reach new short term lows. The Incited Pivot Fertilisers Grain Report – powered by igrain