Subscribe to RSS feedWheat price should bounce back, says Rabobank
by
Rob McKay
—
last modified
Oct 23, 2009 11:28 AM
Australian wheat exporters can expect good returns next financial year after very modest prices marred this year's offering, according to food and agribusiness financier Rabobank.
Lower global wheat plantings forecast for next year are likely to set the scene for price recovery in 2010/11, said Luke Chandler, global head of agri-commodity markets research for London's Rabobank who has been visiting Australia.
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