Market Check - Market eyes on sorghum crop potential

Market eyes on sorghum crop potential

Nick Crundall speaks with The Land about the domestic Australian grain market is carefully analysing the potential of the upcoming sorghum plant and whether it will create a meaningful alternative to stretched white grain supplies. https://www.theland.com.au/story/5707831/market-eyes-on-sorghum-crop-potential/?cs=4937

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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

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