Swastika Investmart Limited

Climate setbacks brought by El Nino Can reduce Australian wheat
output beneath 20m tones for the 1th time in 8 years, says National
Australia Bank, taking a more dull vision than other commentators. NAB
warned that the view for Australian wheat production in 2015-16 was
clouded by the agency of Meteorology's declaration previous month of the
1th El Nino in 5 years. A classic El Niño Can eagerly push the harvest
fall to 20m tones or potentially poorer, the bank said, acknowledging
that it’s predict was more gloomy than that of Abares, Australia's
official commodities bureau.