Australian Wheat A$10 Lower
Australian wheat futures are sharply lower overnight in line with CBOT closing deep into negative territory.
At 8.30am BST Jan ASX was A$10 lower at $282/tonne, having earlier hit A$280/tonne, its lowest since September 2007.
Outside markets continue to have a strong influence with crude oil sharply lower and economic uncertainty abounding.
A weaker A$ which fell to near a 14-month low yesterday of US$0.7702 is failing to add little support to wheat.
At 8.30am BST Jan ASX was A$10 lower at $282/tonne, having earlier hit A$280/tonne, its lowest since September 2007.
Outside markets continue to have a strong influence with crude oil sharply lower and economic uncertainty abounding.
A weaker A$ which fell to near a 14-month low yesterday of US$0.7702 is failing to add little support to wheat.
