(Bloomberg) -- Grain growers in Australia, the world's third-largest wheat and canola exporter, may begin sowing this week after rain increased optimism of a break in one of the country's worst droughts in a century.
``Sowing will start everywhere,'' Brett Stevenson, managing director of Sydney-based forecaster AgRisk Management Pty. said. ``From the point of view of the 2007 cropping season, it's definitely the most meaningful rain we've had.''
Read more at Bloomberg Commodities News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment