Rural Bank outlook looks to the second half of 2024

July 10 2024 - 10:00am
Australian APW wheat prices versus CBOT spot futures. Source: Profarmer Australia, CME Group, Rural Bank.
Australian APW wheat prices versus CBOT spot futures. Source: Profarmer Australia, CME Group, Rural Bank.

The six month outlook for Australian graingrowers released by Rural Bank predicts an increase in supply and demand for winter crops and prices to be impacted by upcoming northern hemisphere harvest and global stocks tightening.

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