Feedgrain Focus: Grazier demand wanes as prices flatten

Many graziers and mixed farmers in central and northern NSW have destocked in the continuing dry conditions, and are not prepared to buy grain, as they did last year, at a premium to the volume market…Read More

Liz and Henry Wells, April 24, 2019

Market failure plagues multi-peril crop insurance

The Australian multi-peril crop insurance and drought insurance market is in disarray with providers exiting the market and a lack of products, according to the 2019 GrainGrowers Multi-Peril Crop Insurance report…Read More

Grain Central, April 24, 2019

Lower grain/cattle prices drive rural commodities index south: NAB

A tough start to the growing season in eastern states and falling cattle prices have seen the National Australia Bank’s (NAB) Rural Commodities Index fall by 2.7 per cent in March…Read More

Grain Central, April 24, 2019

‘How can I manage the risk of using residual herbicides and disc seeders in winter crops?’

Northern NSW agronomist, Peter McKenzie, discusses ways for growers to integrate the use of pre-emergent herbicides into their winter cropping programs…Read More

Peter McKenzie, private agronomist, Quirindi, NSW, April 24, 2019

Weekly rainfall wrap + rain outlook, 24 Apr 2019

A series of cold fronts tracked across southern Australia, producing moderate falls in some areas.Onshore flow, and an upper level low and surface trough brought moderate falls to parts of eastern Australia…Read More

Bureau of Meteorology, April 24, 2019

Daily Market Wire 24 April 2019

The US dollar and US wheat futures lifted a little overnight and Winnipeg canola futures continued to fall. Crude oil continued upwards. Australia waited for rain…Read More

Lachstock Consulting, April 24, 2019

Improved connectivity top priority in GrainGrowers’ election asks

Ahead of next month’s federal election, GrainGrowers has released its list of election asks, which include improved telecommunications connectivity, and wider applications for farm management deposits…Read More

Grain Central, April 23, 2019



Industry Dashboard

$A / $US Graph

Updated 7am daily
Today
0.7030
Source: NAB

ASX Market Index

24 Apr 2019 (updated 10am daily)
Company Price Trending
Elders $6.31
Australian Agricultural Co $1.10
Graincorp $9.05
Ruralco $4.38
Ridley $1.35
Woolworths $31.94
Wellard $0.04
Source: ASX

Wheat

APW1 delivered Melbourne

Last Week

393
Source: Lachstock Consulting

Barley

FB1 delivered Melbourne

Today

386

Canola

Spot delivered Melbourne

Today

582
Source: Lachstock Consulting

Sorghum

Sorghum track Newcastle

Today

386
Source: Lachstock Consulting

SOI Graph

Southern Oscillation Index (SOI)

Today

-6.89
Source: Australian Bureau of Meteorology

What readers are saying

Improved connectivity top priority in GrainGrowers’ election asks

Graingrowers around Australia want the government to restore our barley market in China. Anti China megaphone diplomacy over the South China Sea and the banning of Huawei from participating..

chris kelly
More
Recent insolvencies highlight the benefits of credit insurance

Nice article - however the best way to mitigate counterparty risk in the Australian grain industry is for sellers to not lose title of their grain until payment is..

Nathan Cattle
More
Vietnam moves to ban glyphosate

When the price of food goes up and hunger hits their people maybe they may come to their senses...

Chris Brain
More
Satellites to monitor Murray Darling water flows and illegal uptake

Unauthorised take is not necessarily the problematic issue, it's authorised take which has made it legally possible with MDBA oversight for the (comparatively small) crop due for harvest by..

Stuart Pratt
More

News

Market failure plagues multi-peril crop insurance

The Australian multi-peril crop insurance and drought insurance market is in disarray with providers exiting the market and a lack of products, according to the 2019 GrainGrowers Multi-Peril Crop Insurance report…Read More

Grain Central, April 24, 2019

Improved connectivity top priority in GrainGrowers’ election asks

Ahead of next month’s federal election, GrainGrowers has released its list of election asks, which include improved telecommunications connectivity, and wider applications for farm management deposits…Read More

Grain Central, April 23, 2019

Recruitment: Don’t underestimate the importance of the exit interview

Exit interviews can be an extremely effective way to obtain open, honest feedback that employers can use to make necessary improvements to enhance company image, aid retention and recruitment…Read More

Grain Central, April 23, 2019

Agricultural risk prevention better than cure: AFI

The Australian Farm Institute’s latest report calls on government to look at the benefits of risk mitigation instead of distress payments to farmers. ..Read More

Grain Central, April 23, 2019

Weather

Weekly rainfall wrap + rain outlook, 24 Apr 2019

A series of cold fronts tracked across southern Australia, producing moderate falls in some areas.Onshore flow, and an upper level low and surface trough brought moderate falls to parts of eastern Australia…Read More

Bureau of Meteorology, April 24, 2019

Weekly rainfall wrap + rain outlook, 17 Apr 2019

Broad surface troughs and cold fronts triggered thunderstorms and showers with moderate fall across large parts of Western Australia, while onshore flow produced showers in the Cape York Peninsula, parts of the east coast of Queensland and northern New South Wales…Read More

Bureau of Meteorology, April 17, 2019

‘First look’ climate outlook for May-July 2019

May to July is likely to be drier than average over some parts of eastern Australia, but wetter for parts of inland WA, and scattered parts of the northern Australian coastline, acording to the Bureau of Meteorology’s ‘first look’ seasonal climate outlook for May, June and July, released today…Read More

Bureau of Meteorology, April 11, 2019

Weekly rainfall wrap + rain outlook, 10 Apr 2019

The monsoon trough and embedded tropical systems produced moderate falls across northern tropical Australia, while a series of cold fronts tracked across southern Australia, generating moderate falls in Tasmania…Read More

Bureau of Meteorology, April 10, 2019

Cropping

‘How can I manage the risk of using residual herbicides and disc seeders in winter crops?’

Northern NSW agronomist, Peter McKenzie, discusses ways for growers to integrate the use of pre-emergent herbicides into their winter cropping programs…Read More

Peter McKenzie, private agronomist, Quirindi, NSW, April 24, 2019

All go for winter sowing in CQ; rest of northern zone on hold

Significant rainfall events across Central Queensland (CQ) have boosted winter crop prospects as planting gets underway, but it’s not so rosey further south on the Darling Downs and into NSW where low soil moisture levels are forcing growers to weigh up their options…Read More

Neil Lyon, April 18, 2019

UK scientists discover way to stack desirable wheat genes together

Scientists in the United Kingdom have discovered a way to overcome the negative effects of unwanted gene characteristics by developing the first wheat gene to rapidly convert defective traits into new…Read More

Earlham Institute, April 18, 2019

Trifluralin resistance is different – recessive inheritance: AHRI

AHRI PhD student, Jinyi Chen, has found that trifluralin resistance in ryegrass is single gene recessively inherited, which means both parents must have a copy of the resistance gene for the progeny to be resistant. This makes it different to almost all other examples of herbicide resistance…Read More

Peter Newman, AHRI, April 18, 2019

Markets

Feedgrain Focus: Grazier demand wanes as prices flatten

Many graziers and mixed farmers in central and northern NSW have destocked in the continuing dry conditions, and are not prepared to buy grain, as they did last year, at a premium to the volume market…Read More

Liz and Henry Wells, April 24, 2019

Lower grain/cattle prices drive rural commodities index south: NAB

A tough start to the growing season in eastern states and falling cattle prices have seen the National Australia Bank’s (NAB) Rural Commodities Index fall by 2.7 per cent in March…Read More

Grain Central, April 24, 2019

Daily Market Wire 24 April 2019

The US dollar and US wheat futures lifted a little overnight and Winnipeg canola futures continued to fall. Crude oil continued upwards. Australia waited for rain…Read More

Lachstock Consulting, April 24, 2019

Wheat values driven by supply side

When it comes to agriculture across the globe, the name of the game is production, and global grain markets are definitely being driven by the production side of the equation at the present time…Read More

Grain Brokers Australia, April 23, 2019

Machinery

Child fatalities turn spotlight on quad bike safety

Quad bike safety is under the spotlight again after two young boys were killed in quad bike incidents on the weekend in Western Australia and Tasmania..Read More

Grain Central, April 16, 2019

Vintage tractors/machinery top $1 million at Geelong auction

A private collection of 100 classic and vintage tractors, which drew crowds from all over Australia, sold for $1,177,312 in a packed warehouse-turned-salesroom at Geelong in Victoria yesterday. ..Read More

Grain Central, April 8, 2019

‘Gentleman’ collector to sell over 100 restored vintage tractors

A collection of 100 classic and vintage tractors, acquired by a private gentleman collector over many years, will be offered at auction in Geelong, Victoria, this coming Sunday, April 7…Read More

Grain Central, April 1, 2019

Robotic reality opens up chipping and microwave potential

Frequent scouting for, and removal of small weeds, is now a practical reality with a commercial robotic platform available for broadacre cropping operations…Read More

Cindy Benjamin, March 29, 2019

Property

Warrakimbo offers large-scale mixed-farming option near Forbes

Caragabal property Warrakimbo is up for sale, offering 3992 hectares of central NSW grazing and dryland cropping country with an irrigation licence and cotton-production potential…Read More

Grain Central, April 12, 2019

Saudis settle deal on 200,000ha Nicoletti aggregation in WA

The Saudi Agricultural and Livestock Investment Company (SALIC) has acquired 200,000 hectares in Western Australia’s eastern wheatbelt and is now preparing to plant its first large-scale winter crop in Australia…Read More

Liz Wells, April 5, 2019

Ceres Agricultural Company in administration as Brudle Park sells

Ceres Agricultural Company has gone into administration this week as its sale to Macquarie’s Viridis Ag of the 9300-hectare Brudle Park cropping aggregation north of Moree for around $50 million is finalised…Read More

Liz Wells, March 29, 2019

Sebastopol Solar Farm first for NSW southwest slopes

German engineering firm ib vogt GmbH has approval to build the first solar farm for the southwest slopes of NSW on 248 hectares of leased mixed-farming country at Sebastopol near Temora…Read More

Grain Central, March 21, 2019

Beef Central

$250k loans for Cyclone Trevor affected producers

Primary producers directly affected during Severe Tropical Cyclone Trevor in North and Central West Queensland can apply for Disaster Assistance Loans of up to $250,000. ..Read More.. Read More

Dam desilting rebate now available in Qld

Primary producers in Queensland can now claim up to 25 percent of the cost of a private contractor to desilt a dam on their drought-declared property...Read More.. Read More

How successful was the Grill’d burger chain’s ‘Meatless Monday’?

Beef Central ventured into Grill'd burger restaurants on Monday to observe the customer response to the company's 'Meatless Monday' promotion, and sample a couple of the much-hyped Beyond vege.. Read More

Recruitment: Don’t under-estimate the importance of the exit interview

Some of the most honest and priceless feedback comes from employees that are leaving an organisation. Although it is typically too late to save that employee, they can provide.. Read More

Sheep Central

AWI takes Australia’s drought wool story to the world + VIDEO

A SIX-MINUTE Australian Wool Innovation Woolmark video highlighting the plight of drought-stricken Australian wool growers has given international industry stakeholders a unique insight into the reasons behind the nation’s.. Read More

Shearer’s daughter Tahlia wins national wool classer competition

YOUNG New South Wales wool classer Tahlia Delaney is not expecting to have any trouble filling her shed work schedule this autumn and into winter...Read More.. Read More

Weekly rainfall wrap + rain outlook, 24 April 2019

A SERIES of cold fronts has tracked across southern Australia, producing moderate falls in some areas. Onshore flow, and an upper level low and surface trough brought moderate falls.. Read More

Rangeland goats sell online in first AuctionsPlus offering since 2016

GOATS were offered on the the AuctionsPlus online saleyard platform for the first time since 2016 last week...Read More.. Read More

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