GrainCorp pursues offshore expansion through drought

Shareholders at today’s GrainCorp annual general meeting heard the company is ready to set up facilities in India, that several companies were interested in buying parts of the GrainCorp portfoilio, and that LTAP was still interested in buying the lot…Read More

Grain Central, February 20, 2019

Industry achiever awards + GRDC Wagga Wagga Update PICS

More than 270 people attended the GRDC Grains Research Update in Wagga Wagga, NSW, this week to catch up on the latest agronomic news and acknowledge the achievements of their industry peers…Read More

Grain Central, February 20, 2019

Pitching in to make soil testing easy + VIDEO

Young agtech entrepreneur Sam Duncan has made a pitch at the evokeAG conference in Melbourne for funding support for an app he’s developed to simplify and streamline soil testing…Read More

Terry Sim, February 20, 2019

Australia’s first sulphate of potash fertiliser project for WA’s Pilbara

The Northern Australia Infrastructure Facility (NAIF) will invest $74 million in Australia’s first plant to produce sulphate of potash near Newman in Western Australia…Read More

Grain Central, February 20, 2019

Weekly rainfall wrap + rain outlook, 20 Feb 2019

A cold front and pre-frontal trough brought light falls to southern Victoria, and moderate falls in western Tasmania. Thunderstorms and showers produced light to moderate falls across northern Australia throughout the week…Read More

Bureau of Meteorology, February 20, 2019

Daily Market Wire 20 February 2019

US wheat futures markets fell 3 per cent overnight as an amalgam of US dollar strength, investor fear and US wheat export stats continuing to fall short of target. Australia faces another week with no useful rain forecast…Read More

Lachstock Consulting, February 20, 2019


Firing up phosphate production
Grain Central, February 19, 2019
Daily Market Wire 19 February 2019
Lachstock Consulting, February 19, 2019

Industry Dashboard

$A / $US Graph

Updated 7am daily
Today
.7165
Source: NAB

ASX Market Index

21 Feb 2019 (updated 10am daily)
Company Price Trending
Elders $6.20
Australian Agricultural Co $0.93
Graincorp $9.62
Ruralco $3.01
Ridley $1.41
Woolworths $30.30
Wellard $0.042
Source: ASX

Wheat

APW1 delivered Melbourne

Last Week

427
Source: Lachstock Consulting

Barley

FB1 delivered Melbourne

Today

363

Canola

Spot delivered Melbourne

Today

606
Source: Lachstock Consulting

Sorghum

Sorghum track Newcastle

Today

396
Source: Lachstock Consulting

SOI Graph

Southern Oscillation Index (SOI)

Today

-6.21
Source: Australian Bureau of Meteorology

What readers are saying

‘Millet king’ signs off on half century in the birdseed trade

Great article and right on the changes in the industry..., a hearty congratulations to you Terry... Cheers..

Jeff Pricco
More
Riverina families celebrate 90 years of growing rice + VIDEO

This is a great video and story of just how fantastic agribusiness is in Australia. Thanks...

Tim Burrow
More
LTAP heavyweights launch takeover bid for GrainCorp

Get it done GrainCorp. Let us stay in Australian hands. Let LTAP buy. Australian's for Australia. Us Aussies will invest. Just tell us when and where and it's done. Anything to benefit the..

Rob Wingrove
More
Conservation ag group forced into liquidation

Conservation Farmers Inc has played a significant role for 30 plus years as a farmer oriented NGO promoting conservation farming in NE Australia. It was initially part funded by..

Ronald Esdaile
More

News

GrainCorp pursues offshore expansion through drought

Shareholders at today’s GrainCorp annual general meeting heard the company is ready to set up facilities in India, that several companies were interested in buying parts of the GrainCorp portfoilio, and that LTAP was still interested in buying the lot…Read More

Grain Central, February 20, 2019

Australia’s first sulphate of potash fertiliser project for WA’s Pilbara

The Northern Australia Infrastructure Facility (NAIF) will invest $74 million in Australia’s first plant to produce sulphate of potash near Newman in Western Australia…Read More

Grain Central, February 20, 2019

New tech start-up fund to drive grains innovation

Australian grain growers are set to reap benefits of a $50 million venture capital fund to draw the best and brightest tech start-ups from across the globe to focus on innovative solutions for grain growers’ hardest to solve problems…Read More

Grain Central, February 19, 2019

Big dry cuts summer crop prospects: ABARES

Drier and warmer than average seasonal conditions in cropping regions in Queensland and northern New South Wales during December and January reduced prospects of summer crop production in 2018–19, according to the latest Australian Crop Report…Read More

Grain Central, February 19, 2019

Weather

Weekly rainfall wrap + rain outlook, 20 Feb 2019

A cold front and pre-frontal trough brought light falls to southern Victoria, and moderate falls in western Tasmania. Thunderstorms and showers produced light to moderate falls across northern Australia throughout the week…Read More

Bureau of Meteorology, February 20, 2019

‘First look’ seasonal climate outlook for Mar-May 2019

The Bureau of Meteorology’s ‘first look’ at conditions for March through to May indicates that rainfall is likely to be below average for much of northern Australia, with warmer than average days and nights very likely across the country.
..Read More

Bureau of Meteorology, February 14, 2019

Weekly rainfall wrap + rain outlook, 13 Feb 2019

An embedded tropical low on the monsoon tough produced very heavy falls in the Gulf Country and Queensland’s northern interior. The highest weekly total was 505 mm at Paluma Ivy Cottage, northwest of Townsville in Queensland…Read More

Bureau of Meteorology, February 13, 2019

El Nino/Indian Ocean Dipole remain in neutral territory

The Bureau of Meteorology’s ENSO Outlook remains at El Niño WATCH, meaning there is approximately a 50 per cent chance of El Niño developing during the southern hemisphere autumn or winter. The Indian Ocean Dipole (IOD) is neutral…Read More

Grain Central, February 6, 2019

Cropping

Pitching in to make soil testing easy + VIDEO

Young agtech entrepreneur Sam Duncan has made a pitch at the evokeAG conference in Melbourne for funding support for an app he’s developed to simplify and streamline soil testing…Read More

Terry Sim, February 20, 2019

Firing up phosphate production

Australia’s national science agency, CSIRO, has developed a smelting process to produce soluble phosphate for fertiliser from low value ores, eliminating hazardous waste and making production more economically and environmentally sustainable…Read More

Grain Central, February 19, 2019

Big dry cuts summer crop prospects: ABARES

Drier and warmer than average seasonal conditions in cropping regions in Queensland and northern New South Wales during December and January reduced prospects of summer crop production in 2018–19, according to the latest Australian Crop Report…Read More

Grain Central, February 19, 2019

Germination concerns over chickpea planting seed

Quality planting seed for the 2019 chickpea crop may be in short supply due to a shortage of chickpea seed from the depleted 2018 crop when less than 10 per cent of the normal area was planted – and even less harvested…Read More

Neil Lyon, February 18, 2019

Markets

Daily Market Wire 20 February 2019

US wheat futures markets fell 3 per cent overnight as an amalgam of US dollar strength, investor fear and US wheat export stats continuing to fall short of target. Australia faces another week with no useful rain forecast…Read More

Lachstock Consulting, February 20, 2019

T-Ports on track to take 2019 grain in Eyre Peninsula shake-up

With both its bunker sites complete, T-Ports is almost ready to receive grain to supply to its Lucky Bay terminal in South Australia which it expects will be ready to start operations in time for this year’s harvest…Read More

Liz Wells, February 19, 2019

Desperately seeking Saudi…

Droughts in Australia and parts of Europe in 2018 underpinned global barley values last year, but those higher prices cut demand as consumers turned to cheaper corn. ..Read More

Peter McMeekin, February 19, 2019

Daily Market Wire 19 February 2019

Presidents’ Day saw US futures markets shut for the long weekend while cash US wheat continued to show signs of buying its way to compete. Barley remained rudderless…Read More

Lachstock Consulting, February 19, 2019

Machinery

Heavy vehicle compliance made easy

A new initiative developed by the National Farmers’ Federation (NFF) and Grain Producers South Australia (GPSA) aims to assist farmers better understand and comply with heavy vehicle regulations…Read More

Grain Central, February 8, 2019

Helmet saves pilot in ag plane crash

An agricultural pilot has escaped serious injury thanks to his decision to wear a helmet in the cockpit, a reminder to pilots of the importance of wearing a correctly fitting helmet to reduce the risk of a serious head injury…Read More

Grain Central, February 8, 2019

Victorian road train extension set to lower drought freight costs

Hay and grain freight costs from Victoria’s Wimmera region to some drought-stricken New South Wales and Queensland farmers are expected to reduce after the Victorian road train network was extended…Read More

Terry Sim, February 5, 2019

Recall notice issued for Kawasaki 700cc side-by-sides

The Australian Competition and Consumer Commission has issued an Australia-wide recall notice for Kawasaki Mule Pro-MX 700cc side-by-side vehicles purchased between 1 July 2018 and 24 January 2019…Read More

Grain Central, February 4, 2019

Property

Paraway lists three NSW aggregations with cropping focus

Macquarie’s Paraway Pastoral Company is selling its Bundemar Park, Laura Downs and Paddy’s River aggregations to reduce the size of its Coonamble and Trangie holdings following its purchase last year of a clutch of Hassad assets…Read More

Liz Wells, February 12, 2019

Viridis Ag downsize returns Eyre Peninsula/NSW farms to market

In what is set to become one of the shortest ownerships in recent corporate-farming history, Macquarie Agricultural Funds Management’s Viridis Ag is preparing to offload its South Australian cropping aggregation and part of its NSW mixed-farming aggregation, both of which were purchased in October last year…Read More

Liz Wells, February 11, 2019

New analytics platform for assessing rural land

CSIRO and rural technology start-up, Digital Agriculture Services (DAS), have launched an innovative new platform that combines artificial intelligence, machine learning and cloud-based geospatial technology that will comprehensively assess and monitor rural land anywhere in Australia,..Read More

Grain Central, January 22, 2019

Temora-based BFB sells majority stake to Canadian pension investor

One of Australia’s largest grain growers, BFB, has announced the sale of Proterra Investment Partners’ majority stake to the Public Sector Pension Investment Board (PSP Investments), one of Canada’s largest pension investment managers and a major investor in the Australian agricultural sector…Read More

Grain Central, January 15, 2019

Beef Central

Saleyards, agents lending support to NQ’s struggling flood victims

A fund-raising appeal directed at saleyards and the broader livestock industry in aid of Northwest Queensland’s flood devastated livestock producers has attracted an immediate and enthusiastic response. The North.. Read More

NLIS workshops for Victoria’s livestock producers

Agriculture Victoria is holding practical, hands-on workshops across the state to assist sheep, goat and cattle producers use the National Livestock Identification System (NLIS) database...Read More.. Read More

Is it the RSPCA’s role to help flood affected livestock?

Should the RSPCA be playing a role in helping to assist cattle affected by floods in north western Queensland, now widely recognised as one of the greatest animal welfare.. Read More

$75,000 grants start to flow to flood-affected NQ cattle producers

The first recovery grants of up to $75,000 were paid to flood-affected northwest Queensland beef producers yesterday, after applications opened on Friday under a simplified application process...Read.. Read More

Sheep Central

Agtech investors, farmers and start-ups flock to evokeAG

AUSTRALIA’S largest agrifood tech event -- evokeAG -- ignited in Melbourne yesterday with a sold-out crowd of more than 1100 delegates and a long list of domestic and international.. Read More

FarmLab on a mission to put soil testing into farmers’ hands

FARMLAB chief executive officer Sam Duncan began his pitch at the evokeAG conference in Melbourne yesterday with a smile and a simple message – we make soil testing easy...Read More

Western Australian agrifood businesses seek investors

WESTERN Australian agtech businesses spanning innovative livestock pricing, grain production and irrigation are at evokeAG in Melbourne this week seeking exposure and investment...Read More.. Read More

Weekly rainfall wrap + rain outlook, 20 Feb 2019

A cold front and pre-frontal trough brought light falls to southern Victoria, and moderate falls in western Tasmania. Thunderstorms and showers produced light to moderate falls across northern Australia.. Read More

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