Iron ore price hits five-year low in poor month for commodities

By Jared Lynch and Stephen Cauchi
Updated October 1 2014 - 1:23am, first published September 30 2014 - 6:06pm
Feeling the pinch: Wheat prices have been hammered by booming global production.  Photo: Virginia Star
Feeling the pinch: Wheat prices have been hammered by booming global production. Photo: Virginia Star
Feeling the pinch: Wheat prices have been hammered by booming global production.  Photo: Virginia Star
Feeling the pinch: Wheat prices have been hammered by booming global production. Photo: Virginia Star
Feeling the pinch: Wheat prices have been hammered by booming global production.  Photo: Virginia Star
Feeling the pinch: Wheat prices have been hammered by booming global production. Photo: Virginia Star
Feeling the pinch: Wheat prices have been hammered by booming global production.  Photo: Virginia Star
Feeling the pinch: Wheat prices have been hammered by booming global production. Photo: Virginia Star

Iron ore led the way down in a shocking month for Australia's key commodities, crashing to a fresh five-year low overnight on Monday.

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