Australia exports 559,106 tonnes of wheat in Nov
November wheat-export data illustrated that our exports weren’t flying out the door, but considering November exports were predominately backed by old-crop volumes, it’s understandable that overall figures were fairly low, explains Nick Crundall, Head of Strategy at Market Check in this article published by Grain Central..Read More.
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@TEMarkets As you know from a decision-making view, deciles have limited value in isolation as the range within deciles can be extreme eg drought you sell @ dec10 & miss another $100t. Overlaying with deciles based on relative value paints a clearer pic eg Aus currently ~dec1 basis US futs