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Australia achieves average wheat, barley harvests

Total exports down, but percentage going to China increased

Reading Time: 2 minutes Australian wheat and barley came away with average crops for 2023/24, as the threat of dryness caused by an El Niño posed a major challenge, according to the United Stated Department of Agriculture attaché in the country’s capital of Canberra.


CBOT Corn ZCH24 on Jan. 24 with Bollinger bands. (Barchart)

U.S. grains: Corn up 1.3 per cent on South America weather worries, softer dollar

Wheat futures ended up 2.4 per cent on technical buying and weakness in the dollar

Reading Time: 2 minutes Chicago Board of Trade corn futures rose 1.3 per cent on Wednesday as uncertainty about crop prospects in South America and a setback in the dollar triggered a round of short-covering and lifted the benchmark corn contract Cv1 from three-year lows set last week, traders said.