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Australia’s December wheat exports jump 68pc to 925,290t
“Wheat exports were strong in December relative to our overall exportable surplus, continuing the trend of our export pace running at an unsustainably fast rate,” Market Check head of strategy Nick Crundall said.
“Indonesia came in as the main buyer with its biggest monthly total since December 2018. Read more here.
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#ABARES Feb numbers are roughly in line with private estimates, USDA will need to follow at some point (current #wheat est @ 30Mt). Few pretty useless stats: 527% increase YoY and largest wheat crop in history. NSW production is equiv to 86% of last years NATIONAL crop. twitter.com/LeftFieldCR/st… pic.twitter.com/jtrs9mmFHP