Border closures play havoc with ag consultancy businesses

Agricultural consultancies along the borders of Australia’s eastern states are among the many businesses and individuals grappling with the challenge of operating under the strictures of the latest border closures…Read More

Neil Lyon, August 14, 2020

Rains across WA grainbelt prove game-changer for winter crops

‘Just in time’ rainfall across most WA grain growing regions has been a game changer, increasing the chances of WA producing at least an average total winter crop of around 15 million tonnes…Read More

Neil Lyon, August 14, 2020

Port Spencer approval keeps harvest 2021 start in sight

The South Australian Government has approved the development of Port Spencer as a grain but not an iron ore terminal, and work on the project is now expected to start next month…Read More

Grain Central, August 14, 2020

World cotton stocks remain high, not just in China: USDA

China’s massive build-up in reserve cotton stocks from 2011/12 to 2013/14 is the major cause of a dramatic increase in global stocks, according to the latest report from the USDA…Read More

Grain Central, August 14, 2020

Agriculture needs to embrace new era of open source AgTech: Nuffield

Australia needs to change the way AgTech innovation is managed by adopting an ‘open source’ ecosystem that will benefit all stakeholders across the data value chain, according to 2019 Nuffield Scholar and SA farmer, Andrew Sargent…Read More

Grain Central, August 14, 2020

Daily Market Wire 14 August 2020

Firmer US markets were only partly explained by strong export sales, Iowa corn crop storm damage and nagging dryness worries in Argentina and EU. Australians growers’ and traders’ books are shut…Read More

Lachstock Consulting, August 14, 2020

People on the move in the grain and cropping sector

Who is on the move in the Australian grain and cropping industry? Catch up with our latest update of industry appointments, rewards, retirements and achievements…Read More

Grain Central, August 13, 2020


Daily Market Wire 13 August 2020
Lachstock Consulting, August 13, 2020

Industry Dashboard

$A / $US Graph

Updated 7am daily
Today
0.7150
Source: NAB

ASX Market Index

15 Aug 2020 (updated 10am daily)
Company Price Trending
Elders $10.14
Australian Agricultural Co $1.05
Graincorp $4.22
Ridley $0.71
Woolworths $40.31
Wellard $0.04
Source: ASX

Wheat

APW1 delivered Melbourne

Last Week

326
Source: Lachstock Consulting

Barley

FB1 delivered Melbourne

Today

226

Canola

Spot delivered Melbourne

Today

586
Source: Lachstock Consulting

Sorghum

Sorghum track Newcastle

Today

282
Source: Lachstock Consulting

SOI Graph

Southern Oscillation Index (SOI)

Today

4.05
Source: Australian Bureau of Meteorology

What readers are saying

Blackleg in upper canopy threat to canola yield

Has been our policy to disc chain our canola stubble as soon as harvest is over, this reduces the spread of pathogens from spreading. Is this our best management....

Robert (Bob) Wythes
More
Farmers need to ditch ‘old hat’ image to attract best and brightest

This article is spot on. I have retired now from farming at the age of 60, started with $160 and finished with a few million. I worked hard....

Kevin Charlesworth
More
Farmers need to ditch ‘old hat’ image to attract best and brightest

Great message Sam. Language matters! Maybe we need to reframe the way society thinks when they hear the word "farmer" - you are, after all, industrial gardeners! Good luck for....

Ron Storey
More
Tariff shocks highlight need to diversify grain export markets

Commodities will always flow to the highest bidder. Iron ore, international students, wool and look the list is endless in highlighting that trade with China has been mishandled....

Chris kelly
More

News

Border closures play havoc with ag consultancy businesses

Agricultural consultancies along the borders of Australia’s eastern states are among the many businesses and individuals grappling with the challenge of operating under the strictures of the latest border closures…Read More

Neil Lyon, August 14, 2020

Rains across WA grainbelt prove game-changer for winter crops

‘Just in time’ rainfall across most WA grain growing regions has been a game changer, increasing the chances of WA producing at least an average total winter crop of around 15 million tonnes…Read More

Neil Lyon, August 14, 2020

Harvesters hope to clear Queensland COVID hurdle

Contract harvesters in NSW and Victoria are hoping to gain exemptions from the Qld Government which will allow them to harvest crops in Qld in the face of new restrictions aimed at limiting the spread of COVID-19…Read More

Liz Wells, August 12, 2020

Rising mouse numbers put eastern croppers on alert

Early signs of mouse activity have been reported in southern Queensland, putting growers on alert for a rise in numbers leading into summer crop planting…Read More

Neil Lyon, August 12, 2020

Weather

Drought: an insidious and ongoing threat to Australia

Climate scientists warn that drought must remain a top priority for Australians with another potential blow to the country’s economy always ready to return…Read More

Grain Central, August 13, 2020

Weekly rainfall wrap + rain outlook, 12 August 2020

Low pressure systems, cold fronts and troughs generated widespread moderate falls over the southeast quarter of the continent, while a strong cold front brought moderate falls to western parts of Western Australia…Read More

Bureau of Meteorology, August 12, 2020

Weekly rainfall wrap + rain outlook, 5 August 2020

Cold fronts brought moderate falls to southwest Western Australia and western Tasmania,while an onshore flow produced showers and moderate falls about the north tropical coast of Queensland…Read More

Bureau of Meteorology, August 5, 2020

Seasonal climate outlook August-October 2020

August to October is likely to be wetter than average, with a greater than 65pc chance over most of the eastern two thirds of Australia and greater than 75pc chance over much of south-west Queensland, south-east NT, western NSW, and inland SA…Read More

Bureau of Meteorology, August 3, 2020

Cropping

Pacific Seeds to release next generation canola hybrids

Pacific Seeds has announced the commercial release of three new canola hybrids for 2021 that have been adapted to grow across all states…Read More

Grain Central, August 7, 2020

New crop research centre to support northern farming systems

Farmer, industry and research organisations have combined forces to form The Northern Australian Crop Research Centre of Excellence to meet the needs of the growing northern Australian cropping sector…Read More

Grain Central, August 6, 2020

Blackleg in upper canopy threat to canola yield

Canola growers in the southern cropping region are being encouraged to closely monitor crops for signs of blackleg infection in the upper canopy to avoid costly yield loss this season…Read More

Grain Central, August 6, 2020

World’s fastest-growing cotton exporter, Brazil, heads for record harvest

Expecting a record harvest of 13 million bales, Brazil is emerging as a significant export competitor for Australia’s cotton industry…Read More

Grain Central, August 4, 2020

Markets

World cotton stocks remain high, not just in China: USDA

China’s massive build-up in reserve cotton stocks from 2011/12 to 2013/14 is the major cause of a dramatic increase in global stocks, according to the latest report from the USDA…Read More

Grain Central, August 14, 2020

Daily Market Wire 14 August 2020

Firmer US markets were only partly explained by strong export sales, Iowa corn crop storm damage and nagging dryness worries in Argentina and EU. Australians growers’ and traders’ books are shut…Read More

Lachstock Consulting, August 14, 2020

Feedgrain Focus: Rain softens new-crop values

Prices for wheat and barley have softened this week after rain into the weekend bolstered yield prospects across most of Australia’s cropping districts and prompted some grower selling. ..Read More

Liz Wells, August 13, 2020

Australia exports 5.78Mt wheat in 1H20, China biggest customer

Australia exported 5.78 million tonnes (Mt) of wheat in the first half of 2020, with China on 1.2Mt the biggest customer, according to the latest export figures from the Australian Bureau of Statistics (ABS)…Read More

Liz Wells, August 13, 2020

Machinery

Producers warned to be mindful of farm machinery scam

Police are warning farmers to remain vigilant to scams relating to purchasing farm machinery and vehicles, following recent reports of fake online stores…Read More

Grain Central, July 17, 2020

Electric tractors and machinery – the time has arrived

A study into the future of electric vehicles and robotics in agriculture has found that the move is on to develop electric farm vehicles…Read More

Neil Lyon, July 10, 2020

Tasmania extends quad bike rebate scheme

The Tasmanian Government’s quad bike safety rebate, which was due to end on 30 June 2020, has been extended to 10 October 2021.

..Read More

Grain Central, July 7, 2020

Rain, tax incentives send machinery sales into overdrive

The return to favourable seasonal conditions in eastern states, coupled with the Federal Government’s instant asset write-off tax incentive, has driven a surge in farm machinery sales…Read More

Neil Lyon, June 29, 2020

Property

Parkdale Aggregation sells to interstate interest

A century of family ownership will wind up for vendor Wally Taylor next month when the Parkdale Aggregation south of Goondiwindi transfers into new hands. ..Read More

Grain Central, August 10, 2020

Feedlot demand subdued in drought aftermath

The value of water and mixed-farming land appears to be supporting the long-held value of $800-$1000 per Standard Cattle Unit amid subdued demand for feedlots…Read More

Liz Wells, August 5, 2020

NT set to call for EOI on 99,212ha of agricultural land

The Northern Territory looks set to ramp up its agricultural production with the release of three agricultural land releases which jointly cover 99,212 hectares…Read More

Grain Central, July 28, 2020

Ideal Trangie season adds to mixed-farming appeal of Jamea

A well-developed mixed-farming spread within 100 kilometres of Dubbo is for sale with the 6558ha Jamea at Trangie which is being offered with 4800ha of winter crop that showcases the remarkable season central NSW is enjoying…Read More

Grain Central, July 27, 2020

Beef Central

Kay’s Cuts: Price discovery worries US producers

While the US beef processing sector has largely recovered from the ravages of the COVID-19 pandemic, US cattle feeders are still getting far less for their cattle than last year,..Read More

Recruitment: Hiring to avoid future firing

If you're an agribusiness employer who doesn't come from a HR background, or you simply don’t have the resources to hand-ball the task to a recruitment specialist, how do you..Read More

Updated: Webinars and online events for beef industry stakeholders

A rolling list of upcoming webinars and video conferencing events of relevance to Australia's beef and cattle industry...Read More

Will contrasting cattle and meat prices see US beef back on Australian retail shelves?

In Aussie dollar terms, US beef is 25pc cheaper than Australian at present, a recent analysis shows. Will it spark renewed interest in imports?..Read More

Sheep Central

Melbourne wool auctions told to go ‘remote’ in COVID-19 lockdown

MELBOURNE’S wool auctions have been ordered out of the Brooklyn selling centre as part of Victoria’s Stage Four COVID-19 lockdown...Read More

Wool production estimate for 2020-21 lifted slightly

AUSTRALIA’S shorn wool production dropped by more than 5 percent in 2019-20, but the rate of decline is slowing, according to industry estimates...Read More

Recruitment: Hiring to avoid future firing

HERE are some recruiting approaches that can help agribusiness employers without a human resources background to find staff that shine without handballing the task to a recruitment specialist...Read More

Sheep meat candidate needed for MLA board selection committee

A SHEEP meat candidate is being sought for producer representative positions on Meat & Livestock Australia’s board selection committee at its annual general meeting on 19 November 2020...Read More

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