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Wheat prices to fall
17 Jan 2006
Abundant global wheat stocks will push returns to growers down $3 per tonne this year said AWB. The estimated pool return for new season grain was down $4 per tonne. Graincorp said that it had revised down its receivals forcasts from 11 million to 10.2 million tonnes as farmers kept their harvest on farm, waiting for a change in market conditions.
The Australian, 17/01/06
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