Quote:
Originally Posted by ausastronomer
I work for a large integrated Agribusiness. In December 2018 we harvested 3,000 tonne of Canola which we sold for ~$180 / tonne. Over the next month we will harvest 5,000 tonne of Canola. 1,000 tonne of that was forward sold @ $800 / tonne. The rest will realise ~$1,000 / tonne. That's inflation !!
Cheers
John B
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Or good fortune depending on which side of the supply chain you participate in…