Markets

Daily Market Wire 6 April 2020

Wheat markets were firmer. Recent China US corn trades bolstered total purchases. Red flags raised in key wheat growing regions. Dry in Russia, frost risk in the US. NSW welcomed weekend rain.
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Lachstock Consulting, April 6, 2020

Feedgrain Focus: Rain drops new-crop, nearby mostly stronger

New-crop values for wheat and barley have eased this week on rain which is improving prospects for a big winter-cereal planting in eastern Australia, while price movements in nearby markets have been mixed…Read More

Liz Wells, April 2, 2020

Daily Market Wire 3 April 2020

Commodities were lower, cattle collapsed, crude oil bounced and US weekly exports, bar wheat, were positive. Markets shrugged off Russia’s imposition of nearby grain export limits. Australia new crop prospects continue optimistic…Read More

Lachstock Consulting, April 3, 2020

CBH, Viterra start public reporting of barley, wheat stocks

The major bulk handlers in Australia’s two biggest grain-exporting states are making public stocks figures which are helping to allay concerns about domestic grain security…Read More

Liz Wells, April 1, 2020

Daily Market Wire 2 April 2020

US wheat futures and beans fall around 3 per cent, meat triggers limits. Corn February crush belies crude’s crash. Eastern Australia rain widens spreads between weakening new crop price, firming current crop…Read More

Lachstock Consulting, April 2, 2020

Daily Market Wire 1 April 2020

Markets saw small, mixed moves overnight following USDA area and stocks reports. Australia’s east anticipates rain this week as intended enterprise mix shifts towards canola and away from barley. Nearby markets remained firm…Read More

Lachstock Consulting, April 1, 2020

Barley sales to China tighten domestic supply

Despite flagging demand from the malting sector, feed barley sales from Australia and other origins are strong as countries build stocks…Read More

Grain Brokers Australia, March 31, 2020

Daily Market Wire 31 March 2020

Post-COVID 19 trade flows will affect price direction, alongside fundamentals. Crude prices fell again overnight. Ethanol’s woes will likely play into tonight’s USDA planting intentions forecasts. NSW rain outlook continues optimistic…Read More

Lachstock Consulting, March 31, 2020

Daily Market Wire 30 March 2020

Russia might impose late current crop export restrictions. The damaged US ethanol industry is hoping cheap prices might spur demand. Australian new crop planting optimism is welcome…Read More

Lachstock Consulting, March 30, 2020

Feedgrain Focus: Prices firm on export, domestic demand

Australia’s grain supply chain is operating efficiently amid COVID-19 measures in place across the country, and wheat, barley and new-crop sorghum are in hot demand…Read More

Liz and Henry Wells, March 26, 2020

Daily Market Wire 27 March 2020

All the market could focus on was the easy money coming out as wheat backed off 2pc and, with fiscal stimulus and US dollar weaker, the Dow Jones index rallied 6pc…Read More

Lachstock Consulting, March 27, 2020

Daily Market Wire 26 March 2020

Belief in strong agricultural demand is supporting markets. The US in particular was boosted overnight by optimism about its Fiscal Stimulus Bill, but the corn/ethanol outlook remains a mixed bag…Read More

Lachstock Consulting, March 26, 2020

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