US Wheat Price Fall Not Being Matched in Australia

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US Wheat Price Fall Not Being Matched in Australia

Founder, Brett Stevenson, discusses the current wheat price situation with Michael Condon of ABC Rural. The interview touches on a complex multitude of factors that is keeping a premium on Australian prices, including the effect of low US prices and a weak AUD that is cushioning domestic pricing. Brett also discusses the effects of the El Nino threat in providing a “drought premium” and explains how this is not likely to last should the weather continue to hold and crop confidence increase. Brett and Michael continues to discuss the future of wheat prices as these international factors develop and plays out.

Listen to the full interview here: http://www.abc.net.au/news/2015-08-12/nsw-wheat-prices-us-audio/6692108

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