Australian wheat export surge ‘slows considerably’


Is Australia’s golden period of wheat exports losing its lustre? The southern hemisphere’s top exporter of the grain continued its run of increased grain shipments in July, as merchants continued to sell down stocks left over from last year’s record crop. However, at 1.7m tonnes, exports were only 5% higher than a year before, a…

Morning markets: crop retreat slows in line with shares, oil


The declines in share markets keep on coming. The turn of Asian shares to sit on investors’ weighing machine produced more of the declines which marred their Western peers on Thursday. There was some sign of assets disappearing down the toilet less fast than in the last session, although it might not appear so from…

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