Australian Price of Split Faba Beans Continue to Rise as a Result of Weather Damage in W48

Split Faba Beans increased by USD 84.95 (AUD 125) in just 4 weeks as the fears of a limited supply of export quality Faba’s, due to the excessive weather damage caused by the unforeseen wet finish and flooding that has devastated the East Coast of Australia of the last few months. In W48, the price of Split Faba Beans CNF KSA stood at USD 560.65/MT (AUD 825/MT).