Wheat – Global wheat prices not immune to large production setbacks despite stocks building to 198 million tonnes.
Beef – Follow up rain and demand from the US will drive prices in coming months
Dairy – Dry conditions in New Zealand have been the main catalyst for the recent improvement in prices however, a major recovery in global commodity markets is still a few months away
FX – Further forecast falls in the AUD/USD reflecting weak economic fundamentals, ongoing signs of slower economic growth in China, potential fore more interest rate cuts
Sheepmeat - Sheep prices are expected to remain steady through March with rainfall in early 2015 supporting better quality lambs and strength in the US and Middle East markets