ALP to review Inland Rail, investigate Gladstone line

Another review into the Inland Rail as well as another study into the proposed Gladstone line looks likely if the new Australian Labor Party (ALP) follows through with its pre-election commitment to re-examine the $15-billion project…Read More

Emma Alsop, May 27, 2022

Feedgrain Focus: South eases, northern squeeze prevails

Southern wheat markets have softened this week, but northern values remain high as rain continues to thwart grain movements and spot buying creates spikes…Read More

Liz Wells, May 26, 2022

Tech to funnel food into health industry by 2050: PIX/AMC

Technology is changing people’s diets as well as the way non-animal protein is produced, according to food futurist Tony Hunter, who spoke last week at PIX/AMC 2022…Read More

Liz Wells, May 26, 2022

Seasonal climate outlook for June to Aug 2022

The Bureau of Meteorology’s Winter 2022 Climate Outlook shows a slowly weakening La Niña is one climate factor influencing above-average winter rainfall for most of central and eastern Australia in coming months…Read More

Bureau of Meteorology, May 26, 2022

ICARDA’s third genebank opens in Morocco

ICARDA’s Morocco genebank is home to thousands of accessions of wheat, barley and pulses crucial to global crop development, and was officially opened last week, ..Read More

Grain Central, May 25, 2022

Viterra lists Two Wells site

Viterra’s Two Wells site near Adelaide is up for sale after being deemed surplus to requirements following increased use and improved access for growers to the Inner Harbour portside facility…Read More

Grain Central, May 27, 2022

Daily Market Wire 27 May 2022

Global wheat softened overnight as Russia continued push for sanctions to be lifted before resumption of Ukraine exports. Yesterday’s climate outlook reflects the ongoing influence of La Niña. ..Read More

Lachstock Consulting, May 27, 2022

Sunflowers in spotlight as processor hits market

After over 30 years, New South Wales brothers Tim and John Reardon have put their sunflower kernel processing business, Paradise Farms, and equine feed product company, Omega Feeds, on the market…Read More

Emma Alsop, May 25, 2022

Daily Market Wire 26 May 2022
Lachstock Consulting, May 26, 2022


Industry Dashboard

$A / $US

Updated 7am daily
Today
0.7100
Source: NAB

ASX Market Index

27 May 2022 (updated 10am daily)
Company Price Trending
Elders $14.78
Australian Agricultural Co $2.08
Graincorp $10.04
Ridley $1.71
Woolworths $34.25
Wellard $0.07
Source: ASX

Wheat

APW1 delivered Melbourne

Last Week

442
Source: Lachstock Consulting

Barley

FB1 delivered Melbourne

Today

442

Canola

Spot delivered Melbourne

Today

993
Source: Lachstock Consulting

Sorghum

Sorghum track Newcastle

Today

363
Source: Lachstock Consulting

SOI Graph

Southern Oscillation Index (SOI)

Today

19.76
Source: Australian Bureau of Meteorology

What readers are saying

Chinese firm sells final stake in Cubbie

Great to see Cubbie Station back in Australian hands.....

Steve Craig
More
Port Kembla’s main grain line reopening delayed

Just shows the necessity for getting on with building the Maldon Dombarton line, where construction works were started many years ago but abandoned by a short sighted government. ....

David Bennetts
More
Macquarie joins Iron Road on EP Cape Hardy port project

Financial close of the cape Hardy project is planned for qtr 3, 2021 and its timelines indicate operations will start in early 2023 ,what will operations mean. Regards Adrian Nash. Nashcush....

Adrian Nash
More
Vigilance required as mice become active: GPA

I believe there is only one researcher recommending ZP50 bait. We have great results with ZP25, monitoring is the key and bait when increased activity is noticed.....

Scott Hoyle
More

News

ALP to review Inland Rail, investigate Gladstone line

Another review into the Inland Rail as well as another study into the proposed Gladstone line looks likely if the new Australian Labor Party (ALP) follows through with its pre-election commitment to re-examine the $15-billion project…Read More

Emma Alsop, May 27, 2022

Tech to funnel food into health industry by 2050: PIX/AMC

Technology is changing people’s diets as well as the way non-animal protein is produced, according to food futurist Tony Hunter, who spoke last week at PIX/AMC 2022…Read More

Liz Wells, May 26, 2022

ICARDA’s third genebank opens in Morocco

ICARDA’s Morocco genebank is home to thousands of accessions of wheat, barley and pulses crucial to global crop development, and was officially opened last week, ..Read More

Grain Central, May 25, 2022

Viterra lists Two Wells site

Viterra’s Two Wells site near Adelaide is up for sale after being deemed surplus to requirements following increased use and improved access for growers to the Inner Harbour portside facility…Read More

Grain Central, May 27, 2022

Weather

Seasonal climate outlook for June to Aug 2022

The Bureau of Meteorology’s Winter 2022 Climate Outlook shows a slowly weakening La Niña is one climate factor influencing above-average winter rainfall for most of central and eastern Australia in coming months…Read More

Bureau of Meteorology, May 26, 2022

Weekly rainfall update + rain outlook 25 May 2022

More rain is forecast for parts of southern Queensland and north-east NSW, and major and moderate flood warnings continue for many catchments…Read More

Bureau of Meteorology, May 25, 2022

Weekly rainfall update + rain outlook 18 May 2022

Monthly and annual daily rainfall records were exceeded for many sites in Queensland and inland NSW, with weekly totals being over two to eight times greater than the monthly average for much of Queensland…Read More

Bureau of Meteorology, May 18, 2022

Weekly rainfall update + rain outlook 11 May 2022

Rainfall totals of 25-100 mm were recorded over central and eastern parts of Queensland, followed by an intensifying stream of onshore flow at the end of the week…Read More

Bureau of Meteorology, May 11, 2022

Cropping

Cotton-growers relish sun after picking delays

Frustrations are mounting as unusually high May rainfall works to delay the harvest further and cause damage to maturing crops…Read More

Emma Alsop, May 23, 2022

Australia plots own path on plant-based protein: PIX/AMC

Buhler’s Molly Coleman says the processing of pulses and other crops into bases for plant-based protein is attracting strong investment interest, and will provide sidestreams available to the stockfeed sector…Read More

Liz Wells, May 19, 2022

Australian canola crop forecast at 5.2Mt: AOF

The AOF forecasts 3.32 million hectares 2022-23 canola area, up 12pc on last year, but production at 5.2 million tonnes, down from 6.3Mt last year…Read More

Grain Central, May 16, 2022

WA crop area seen at 8.9Mha plus: GIWA

GIWA’s May crop report says WA’s winter crop is off to a strong and early start thanks to opening and follow-up planting rain in most growing areas…Read More

Grain Central, May 13, 2022

Markets

Feedgrain Focus: South eases, northern squeeze prevails

Southern wheat markets have softened this week, but northern values remain high as rain continues to thwart grain movements and spot buying creates spikes…Read More

Liz Wells, May 26, 2022

Daily Market Wire 27 May 2022

Global wheat softened overnight as Russia continued push for sanctions to be lifted before resumption of Ukraine exports. Yesterday’s climate outlook reflects the ongoing influence of La Niña. ..Read More

Lachstock Consulting, May 27, 2022

Daily Market Wire 26 May 2022

Improved production prospects and hopes that Ukraine will be able to resume exports out of the Black Sea were bearish for markets in overnight trading…Read More

Lachstock Consulting, May 26, 2022

Canadian farmers combat weather extremes

China has lifted its partial ban on Canadian canola, and world markets are keen to buy all the grain the cropping powerhouse can produce from its current season which is having a mixed start…Read More

Guest Author, May 24, 2022

Machinery

Tractor sales down 11pc year to date: TMA

The Tractor and Machinery Association of Australia says supply-chain issues including less steel coming out of Ukraine have affected the availability of tractors, with the 150kW plus range the most affected…Read More

Grain Central, May 16, 2022

ExactEmerge cuts planting time, improves accuracy

Use of a John Deere precision planter helped the University of Sydney sow dryland cotton on its Narrabri farm at a record speed, and without accuracy being compromised. ..Read More

Grain Central, April 27, 2022

Hydrogen set to drive heavyweights: ABARES

Agriculture could hitch a ride on Fortescue’s investment in green hydrogen production and the development of heavy vehicles for it to power, the ABARES Outlook forum heard today…Read More

Liz Wells, March 1, 2022

Dryers improve efficiency in widening area

Grain dryers are upping the speed on harvest programs, and increasing value of grain harvested from tropical Queensland to WA’s Great Southern region…Read More

Liz Wells, February 21, 2022

Property

Viterra lists Two Wells site

Viterra’s Two Wells site near Adelaide is up for sale after being deemed surplus to requirements following increased use and improved access for growers to the Inner Harbour portside facility…Read More

Grain Central, May 27, 2022

Sunflowers in spotlight as processor hits market

After over 30 years, New South Wales brothers Tim and John Reardon have put their sunflower kernel processing business, Paradise Farms, and equine feed product company, Omega Feeds, on the market…Read More

Emma Alsop, May 25, 2022

Dirranbandi property sells pre-auction

Queensland irrigated cotton and dryland cropping property, Tooroora, has sold before auction to NSW farmers Andrew and Jo Slack-Smith…Read More

Emma Alsop, May 16, 2022

NSW feedlot, cropping operation on market

After over 45 years at the property, retiring lot-feeders and growers Ian and Louise MacCue have brought their 2216-hectare Wilga Aggregation to the market…Read More

Emma Alsop, May 11, 2022

Beef Central

Recruitment: The impact of poor Human Resources practices

Whether yours is a large agribusiness organisation with a dedicated Human Resources department, or a small cattle grazing business where you look after the personnel function yourself, you need to..Read More

Australia should ban Indonesia tourism during FMD outbreak, analyst suggests

The Australian beef industry has been urged to “get its house in order” around timely decisions to sell livestock as Foot & Mouth Disease sweeps through the Indonesian archipelago...Read More

CSIRO to release a biodiversity calculator this year

The CSIRO has this month released an early version of a new biodiversity calculator, which aims to give producers an idea of how changes of land use are impacting the..Read More

Vale John Hall

Prominent beef industry identity John Hall, widely regarded as the forefather of today’s national meat and livestock trading language, passed away on 15 May, aged 81, following a short illness...Read More

Sheep Central

Indonesia tourism ban proposed during FMD outbreak

The Australian red meat industry has been urged to “get its house in order” around timely decisions to sell livestock as Foot & Mouth Disease sweeps through the Indonesian archipelago...Read More

Seasonal climate outlook for June to August 2022

A SLOWLY weakening La Niña will influence expected above average Winter rainfall for most of central and eastern Australia, according to the Bureau of Meteorology's Winter 2022 Climate Outlook...Read More

Vale John Hall

Prominent beef industry identity John Hall, widely regarded as the forefather of today’s national meat and livestock trading language, passed away on 15 May, aged 81...Read More

Red meat sector would welcome new China dialogue

AUSTRALIA’S red meat processors have welcomed the prospect of a reset in inter-government relations with China, especially on the issue of trade sanctions...Read More

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