Crop forecast

[mag]

According to the sources the new crop wheat production will be at 20 million metric tons, down from wheat exporter AWB Ltd.'s forecast range of 22 million tons to 23 million tons and down from actual output of 20.4 million tons last crop year ended March 31.

Rumours are circulating that feedlotters on the eastern sattes are again asking for quotes for the delivery of US corn and grain stocks to shorn up supplies for there enterprises.

This has in effect dropped the AWB's share price somewhat - however as they control all grain exports its no big deal - unles they do some stuipd trades -whoops! :eek:

[Dave]

According to the sources the new crop wheat production will be at 20 million metric tonsAt this rate Western Australia will be carrying the country if we don't get some rain over here soon :crying.

[mag]

At this rate Western Australia will be carrying the country if we don't get some rain over here soon :crying.
According to some over here they always have.... however lets see if follow up rains occur in time, nature can be very cruel. :crying

We used to be on a sheep station north of Port Augusta in South Oz, I remember when I was a kid and asking mum what the stuff was falling out of the sky was - ( it was rain, mum still ribs me about that!). :o