WIDESPREAD quality downgrades and considerable yield losses are seen as unavoidable in winter crops across New South Wales and Victoria as floodwater spreads in the major growing regions of both states.
With a further 15-50mm of rain forecast to fall by next Monday, only crops on either the sloping eastern edge of the grainbelt, or the western edge spreading into Queensland are expected to escape the brunt of weather damage.
From a grain market perspective, a chronic shortage…