Pulse Update: Trade thin amid box woes, crop establishment

Prices for chickpeas and lentils have fallen in the past month based on a lull in demand as the mungbean harvest wraps up and faba beans find favour with local stockfeed millers…Read More

Liz Wells, June 21, 2021

Daily Market Wire 21 June 2021

US Friday weather markets lift on US corn, spring wheat, Canadian central Alberta canola regions influence. Ukraine barley harvest tentatively begins. WA receives weekend rain. US dollar strength favours Australian exporters…Read More

Lachstock Consulting, June 21, 2021

Feedgrain Focus: Sorghum wriggles into rations

Downgraded sorghum is pushing its way into some northern feed rations as barley values firm, and trucks remain hard to get for domestic consumers amid rain which has made on-farm access difficult…Read More

Liz Wells and Henry Wells, June 17, 2021

Daily Market Wire 18 June 2021

Heavy corrections in US markets, corn, soybean, pigs and cattle left longs reeling as rain forecasts turned optimistic in the Corn Belt. Currencies slid against USD, cushioning locally-denominated commodity price falls…Read More

Lachstock Consulting, June 18, 2021

Second biggest winter crop valued at near-record $35.5 billion: ABARES

The gross value of crop production is estimated to have reached a near-record $35.5 billion in 2020–21, boosted by Australia’s second-biggest winter crop on record and relatively high world grain and oilseed prices…Read More

Grain Central, June 16, 2021

Daily Market Wire 17 June 2021

Widespread crop stress in US spring wheat supported Minneapolis on an otherwise lacklustre wheat news day.The US dollar made solid gains overnight, cushioning $A-denominated price falls in canola…Read More

Lachstock Consulting, June 17, 2021

Daily Market Wire 16 June 2021

Grains and oilseeds futures mostly settled lower. Corn rose 1pc. There’s good rainfall news for the Mississippi Delta and the central Corn Belt. Black Sea and Australian values weakened…Read More

Lachstock Consulting, June 16, 2021

Corn in the driver’s seat, route yet to be determined

The impact of dry weather on the US corn crop now in the ground looks like the driver for grain values in the near term as wheat production globally is underpinned by healthy outlooks in the EU and Russia…Read More

Grain Brokers Australia, June 15, 2021

Australia ships 451,588t canola in April, down 40pc from March

Australia exported 451,588t of canola in April, down 40pc on the month to reflect a slowdown in execution of cargoes following a shipment program tailored to supply mostly European crushers ahead of their new crop. ..Read More

Liz Wells, June 14, 2021

Daily Market Wire 15 June 2021

US crop reports were generally supportive, but Monday’s markets reacted to an above average rainfall forecast with lower prices. Australian moisture sitting comfortably. WA predicts another record planted area…Read More

Lachstock Consulting, June 15, 2021

China’s cotton imports rise to seven-year high: USDA

China’s imports of cotton are forecast at a seven-year high, driven by the highest projected consumption in three years, robust State Reserve (SR) imports, and attractive prices for imported cotton relative to domestic supplies…Read More

Grain Central, June 14, 2021

Daily Market Wire 14 June 2021

Corn, soybeans and European rapeseed futures fell 2pc on Friday. Minneapolis spring wheat contract fell 1pc. Other offshore wheat markets made only small downward moves. Australian ASX wheat new crop lifted 1pc…Read More

Lachstock Consulting, June 14, 2021

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