Grain: Sell the rumour, buy the fact …

By Peter McMeekin, Grain Brokers Australia
Updated August 28 2018 - 9:56am, first published 9:30am
BUMPER US CROP: The US is set for a bumper summer crop harvest, sending futures markets down says Peter McMeekin from Grain Brokers Australia.
BUMPER US CROP: The US is set for a bumper summer crop harvest, sending futures markets down says Peter McMeekin from Grain Brokers Australia.

GLOBAL futures markets were sharply lower across the board last week and early this week, as the market digested the growing US corn and soybean yields, lagging US export sales and the Russians downplaying the persistent rumour of possible wheat export restrictions.

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