China food giant sued for Aussie wheat-market meddling

The Australian Securities and Investments Commission has sued local subsidiaries of China Oil and Foodstuffs Corporation (COFCO), accusing it of manipulating settlement prices and driving up costs for consumers.

The wheat premium persists

Harvest is starting around Australia, and some are expecting higher yields than previous forecasts. We won’t really know until the...

The wheat premium persists

As they say, the crop is made in August and September. I would consider that the basis level around the country is strong, verging on a drought level.

Brought to you by

AuctionsPlus is a market leader in providing online services for the buying and selling of livestock. We provide the best product possible to assist with a value-added livestock trading experience that make AuctionsPlus the most effective way to buy and sell livestock.