I dont understand
Our $ down but our grain prices are crashing they say Glencore because black sea grain
We are in New Zealand
They might change their minds once they realize the full extent of the frost damage. I know we dont rate as far as Ukraine/Russia goes for production but West Australia is the main export state from Oz. And its becoming apparent that a lot of the areas that did get enough rain to grow a good crop have been smoked by Frost. I believe we will be millions of tonnes below what they are predicting. One of the best growers up the road has had 750ha(1875ac) of very good wheat wiped out, wont even be harvested the damage is so severe!