No surprises in USDA report

By Malcolm Bartholomaeus, Market Analyst
Updated August 15 2018 - 11:25am, first published August 14 2018 - 3:00pm
SURGE: Australian prices have continued to surge and the market is also adjusting itself so that up country prices are rising faster than port based prices.
SURGE: Australian prices have continued to surge and the market is also adjusting itself so that up country prices are rising faster than port based prices.

The August USDA Report was an important one. The market was looking for a lead on how ongoing production write downs for the EU and Black Sea would play out in the global numbers.

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