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

Feedgrain Focus: Short weeks, dry conditions limit volume

Public holidays and dry conditions across the eastern Australian grainbelt have supported prices as end-users booked coverage for the next four weeks; order books now shut till after the break…Read More

Liz Wells and Henry Wells, April 18, 2019

Seasonal pain for GrainCorp

Investors in GrainCorp have been alerted today to the severity of conditions affecting its grains business in 2019, with the company saying grains in the half-year to 31 March, 2019 would earn it around $40 million less than it had expected…Read More

Grain Central, 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

Daily Market Wire 23 April 2019

US wheat and Winnipeg canola futures fell between 2pc and 3pc over the Thursday and Monday trading days of Easter. Crude oil traded higher and the US dollar firmed a little. Australia needs widespread general rain to germinate winter crops, but the weekend falls delivered into a narrow band in NSW…Read More

Lachstock Consulting, April 23, 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

Daily Market Wire 18 April 2019

Futures markets offshore saw small moves in grains and slightly larger falls in oilseeds attributable to a looser soy SandD. Australia’s markets are about to shut for the Easter 4-day weekend and hope forecast will improve the prospect of rain…Read More

Lachstock Consulting, April 18, 2019

Farms create lots of data, but farmers don’t control where it ends up and who can use it
Leanne Wiseman, Griffith University and Jay Sanderson, University of the Sunshine Coast, April 17, 2019

Weekly rainfall wrap + rain outlook, 17 Apr 2019
Bureau of Meteorology, April 17, 2019
Daily Market Wire 17 April 2019
Lachstock Consulting, April 17, 2019

Industry Dashboard

$A / $US Graph

Updated 7am daily
Today
0.7130
Source: NAB

ASX Market Index

23 Apr 2019 (updated 10am daily)
Company Price Trending
Elders $6.05
Australian Agricultural Co $1.09
Graincorp $9.15
Ruralco $4.38
Ridley $1.36
Woolworths $31.16
Wellard $0.05
Source: ASX

Wheat

APW1 delivered Melbourne

Last Week

394
Source: Lachstock Consulting

Barley

FB1 delivered Melbourne

Today

378

Canola

Spot delivered Melbourne

Today

580
Source: Lachstock Consulting

Sorghum

Sorghum track Newcastle

Today

387
Source: Lachstock Consulting

SOI Graph

Southern Oscillation Index (SOI)

Today

-6.89
Source: Australian Bureau of Meteorology

What readers are saying

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
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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
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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
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Inland rail can reduce cost burden on supply chain: CSIRO study

Inland rail: There is much posturing about the benefits of inland rail, much will depend on the competitive rail rates vs road transport. Can anyone nominate..

Michael Burgis
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News

Seasonal pain for GrainCorp

Investors in GrainCorp have been alerted today to the severity of conditions affecting its grains business in 2019, with the company saying grains in the half-year to 31 March, 2019 would earn it around $40 million less than it had expected…Read More

Grain Central, April 18, 2019

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

Recruitment: The importance of workplace culture for business success

Now more than ever, employees are choosing workplaces where they feel valued and believe in the overall mission of the business. So it is not surprising that the most successful agribusinesses will always have a solid workplace culture in place…Read More

Grain Central, April 15, 2019

US agriculture: 2 million farms; 96pc family-owned; av size 178ha

The number of farms in the United States has declined slightly from 2012 to 2017, but still number a massive 2 million, according to the latest US agricultural census…Read More

Grain Central, April 12, 2019

Weather

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

Eastern Australia drought dries up Murray-Darling water reserves

The long-running dry conditions across much of eastern Australia since April 2017 have had a severe impact on water resources in the Murray–Darling Basin (MDB), according to the latest Special Climate Statement from the Bureau of Meteorology…Read More

Grain Central, April 9, 2019

Cropping

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

Southern winter croppers pin hopes on break rains

South-eastern Australia grain growers are pinning their hopes on the chance of rain forecast for parts of Victoria and South Australia over Easter and coming weeks to start replenishing parched soil profiles and create the opportunity to kick start winter crop sowing…Read More

Neil Lyon, April 16, 2019

Markets

Feedgrain Focus: Short weeks, dry conditions limit volume

Public holidays and dry conditions across the eastern Australian grainbelt have supported prices as end-users booked coverage for the next four weeks; order books now shut till after the break…Read More

Liz Wells and Henry Wells, April 18, 2019

Daily Market Wire 23 April 2019

US wheat and Winnipeg canola futures fell between 2pc and 3pc over the Thursday and Monday trading days of Easter. Crude oil traded higher and the US dollar firmed a little. Australia needs widespread general rain to germinate winter crops, but the weekend falls delivered into a narrow band in NSW…Read More

Lachstock Consulting, April 23, 2019

Daily Market Wire 18 April 2019

Futures markets offshore saw small moves in grains and slightly larger falls in oilseeds attributable to a looser soy SandD. Australia’s markets are about to shut for the Easter 4-day weekend and hope forecast will improve the prospect of rain…Read More

Lachstock Consulting, April 18, 2019

Australia’s February chickpea exports hit 10-month high

Australia exported 47,431 tonnes of chickpeas in February, its highest figure since April last year when 69,103t was shipped, according to the latest data from the Australian Bureau of Statistics…Read More

Liz Wells, April 17, 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

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

GDL Dalby’s Anthony O’Dwyer wins Australia’s national young auctioneer title

Anthony O’Dwyer from Grant Daniel Long in Dalby, Qld, will represent Australia in the International Livestock Auctioneers Competition at the Calgary Stampede, Canada after winning the 2019 National Young.. Read More

People on the Move: Appointments, retirements, achievements

Hancock, NAPCo appoint new station managers | Woolies meat head moves on | New southern Qld/NSW cattle buyer for Mort & Co | Inspector-General to oversee live animal exports.. Read More

Sheep Central

Pre-Easter buying rush lifts crossbred and Merino wool prices

PRE-EASTER buying lifted prices for fine and Medium Merino wool in Melbourne auctions and crossbred lines nationally this week...Read More.. Read More

Recruitment: Don’t underestimate the value of an 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

Agtech: Young farmer’s mission to simplify farm management software

VICTORIAN engineer turned entrepreneur Jock Lawrence has returned home to his farming roots on a mission to simplify the farm management recording system. ..Read More.. Read More

Holiday makers warned on exotic disease outbreak potential of food scraps

HOLIDAY makers have been reminded to dispose of food scraps carefully over the Easter break to minimise any potential for the introduction and spread of an exotic animal disease.. Read More

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