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Journal of the Department of Agriculture, Western Australia, Series 4

Keywords

Wheat, Market prices, Marketing, Economic forecasting, Western Australia, Geraldton

First Page Number

44

Last Page Number

49

Abstract

After a 40 year period over which wheat prices have dropped by an average of 2.7 per cent annually in real terms, fundamental changes in wheat supply and demand look set to reverse this trend. It is possible that real prices could increase by as much as 4 per cent anually in the medium term.

Alan Haagensen and Ian Wilkinson look at the forecasts for wheat prices and outline the forces that will influence world supply and demands for wheat.

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