Blvd d'Espair Bowhill, Sth Aust | Our grain prices take their lead from CBOT also.... because such a large percentage of Australian grain is exported, rather than for domestic consumption..... And as mentioned for Canada, Exchange Rate can play a significant role. But in severe drought years when fears of having enough grain at home start to increase, then CBOT has less direct effect. And then emotions take over....... But isn't that how all markets work ?.
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