Tuesday, July 17, 2007

Forecast Rain May Help Prospects for West Australian Grain Crop, CBH Says

(Bloomberg) -- Prospects for grain production in
Western Australia, which usually provides one third of the
nation's crops, may improve with rain forecast across all of the
state's growing areas, CBH Group said.

``We're really relying on those systems to keep the crop
going,'' said Michael Musgrave, operations manager at Perth-
based CBH, the biggest grain handler and marketer in the state.
``There are crops that badly need rain.''


Read more at Bloomberg Commodities News

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