Grain Prices

Indian wheat crop faltering…

Speculation is increasing that this season’s Indian wheat production could be much lower than last year, as less than average rainfall and higher than average temperatures threaten yields in the key winter crop regions as Peter McMeekin reports…Read More

Peter McMeekin, December 24, 2018

Lower grain prices contribute to dip in commodities index: NAB

Mirroring the 2 per cent gain seen in October, the National Australia Bank (NAB) Rural Commodities Index fell 2pc in November following lower grain, wool and lamb prices, according to NAB’s monthly Rural Commodities Wrap…Read More

Grain Central, December 17, 2018

Low crop production/reduced export potential offset by rising prices: ABARES

Australian wheat production is set to be the lowest since 2007-08, largely due to drought conditions in the east, with increased domestic demand reducing export potential, but rising world prices more than offsetting the impact, according to ABARES latest ag commodities report…Read More

Grain Central, December 11, 2018

Master your strengths, outsource your weaknesses

Growers can increase their returns and minimise their risk if they get help from independent professionals in the marketing of their grain, and focus on their strengths in management and production according to Market Check’s Tom Basnett…Read More

Tom Basnett, Market Check, December 5, 2018

ASX delists sorghum contract

The ASX has delisted sorghum futures and options contracts to reflect their inactivity, and a lack of open interest, a function of consecutive small crops for Australia’s major summer grain…Read More

Grain Central, October 31, 2019

Feedgrain Focus: Prices ease as southern crops consolidate

Wheat and barley prices have eased in the past week as confidence about the quality and quantity of crops in Victoria, South Australia and Western Australia builds…Read More

Liz and Henry Wells, October 24, 2019

Feedgrain Focus: Flat to lower on rain forecast for sorghum areas

Rain forecast trimmed values in the north, but down south sliding yield prospects pushed bids and offers apart. Haymakers are cutting into grain area, others hoping later country delivers a soft finish…Read More

Liz and Henry Wells, October 10, 2019

Feedgrain Focus: Values retreat from highs in heated north

Prompt northern feedgrain values have retreated a little as the market transitions to imminent, paltry NSW new-crop supply, while in southern markets timely rain in some areas trimmed prices a few dollars…Read More

Henry and Liz Wells, September 26, 2019

Silage scramble abates as focus turns to summer slot

Silage has filled the roughage component for feedlots and backgrounders for now, but limited irrigation supplies are sparking concerns for some operations as the drought wears on…Read More

Liz Wells, September 24, 2019

Sixth vessel booked, new-crop wheat imports tipped at 400,000t

Another year of drought in Australia’s major high-protein wheat-growing areas could see 400,000 tonnes of wheat imported to cover local demands in the new-crop marketing year which starts next month…Read More

Liz Wells, September 13, 2019

Feedgrain Focus: Prices firm as thin crops turn to hay

A tough start to spring is cribbing tonnage from the eastern Australian cereal crop as hay-cutting advances on struggling crops, and supports prices for cereals in nearby and new-crop slots…Read More

Liz and Henry Wells, September 5, 2019

WA, SA sheep nuts help counter impact of NSW drought

Pellets formulated as far away as Perth are working into the New South Wales market to offer sheep producers a reliable source of nutrition for their animals as the state battles its toughest drought on record…Read More

Liz Wells, August 23, 2019

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