Grain markets: Santa overwhelmed with orders for rain

By Peter McMeekin, Grain Brokers Australia
Updated December 18 2018 - 10:06am, first published 9:58am
END OF YEAR: While Australian growers are hoping Santa will bring some rain, Argentina is copping a bucketing says Peter McMeekin from Grain Brokers Australia.
END OF YEAR: While Australian growers are hoping Santa will bring some rain, Argentina is copping a bucketing says Peter McMeekin from Grain Brokers Australia.

THE southern hemisphere’s second biggest wheat producer is Argentina. Heavy rain across a large portion of the country’s northern wheat production region in the past week bought harvest to a halt and started to raise quality concerns for the area yet to be reaped. The forecast for more rain over the next week has added to the market’s anxiety.

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