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Australia’s July-December wheat exports at 4.47Mt down 40pc on 2H17
Market Check’s Head of Strategy, Nick Crundall commenting in Grain Central’s article on the massive drop in July-December wheat exports. – Liz Wells, February 15, 2019. Read Here
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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
