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As usual i dont know jack shit or his brother joe
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Well now you know why grain prices started dropping once harvest got underway. Crop was larger than first thought. What is scary about this result is that once precipitation is closer to average, Australian production can go much higher. This means the next decade will be like the 80's with mountains of surplus production everywhere.
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It’s scary. On a positive note there are more mouths to feed, a growing demand for meat protein, and ethanol demand. Still lots more grain grown now.Originally posted by ajl View PostWell now you know why grain prices started dropping once harvest got underway. Crop was larger than first thought. What is scary about this result is that once precipitation is closer to average, Australian production can go much higher. This means the next decade will be like the 80's with mountains of surplus production everywhere.
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