AGRIBUSINESS

Agricultural commodity prices take a hit

GLOBAL and local agricultural commodities have experienced a price drop, according to Rabobank’s Australia Agribusiness monthly report.

Staff writer
 Rabobank expects above average global prices for grains despite some recent softening locally.

Rabobank expects above average global prices for grains despite some recent softening locally.

The softening of global agricultural commodity prices came as other asset classes also fell, triggered by interest rate hikes and inflation concerns. However, Rabobank reported that a ‘summer of content'...

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