Australian wheat prices hit multi-month highs amid diesel, fertilizer supply squeeze

Australian wheat prices hit multi-month highs on March 20, driven by rising internal logistics costs and subdued grower sales amid widening concerns over diesel and fertilizer supply security during the Middle East conflict, several Australian and Asian grains trade sources told Platts, part of S&P Global Energy. Australian Standard White with no protein guarantee, or ASW1, rose $4/mt day over dayAustralian wheat prices hit multi-month highs on March 20, driven by rising internal logistics costs and subdued grower sales amid widening concerns over diesel and fertilizer supply security during the Middle East conflict, several Australian and Asian grains trade sources told Platts, part of S&P Global Energy. Australian Standard White with no protein guarantee, or ASW1, rose $4/mt day over dayRead More