USDA crop report highlights winter worries

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Weatherzone, By: Caitlin Gribbin, 04/16/2013

 

Australian grain growers are closely watching the prolonged Northern Hemisphere winter, which will have a big effect on global market performance.

 

Snow and sleet in the United States and Europe could downgrade the crop performance and hit the market, which is down again today off the back of the latest US Department of Agriculture report. Tim Glass from the National Australia Bank said the prices grain growers get will depend on how long the cold Northern Hemisphere weather persists.

 

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