Australian wheat prices near two-year highs

Australian wheat prices rose to nearly two-year highs May 8, with the Australian Premium White and Australian Standard White with no protein guarantee (ASW1) hitting $279/mt and $274/mt FOB Kwinana, respectively, based on price assessment data from Platts, part of S&P Global Energy. Year-to-date, APW has risen $30/mt, while ASW1 rose $37/mt in the same period. Besides a seasonal slowdown in growerAustralian wheat prices rose to nearly two-year highs May 8, with the Australian Premium White and Australian Standard White with no protein guarantee (ASW1) hitting $279/mt and $274/mt FOB Kwinana, respectively, based on price assessment data from Platts, part of S&P Global Energy. Year-to-date, APW has risen $30/mt, while ASW1 rose $37/mt in the same period. Besides a seasonal slowdown in growerRead More