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, 2018Mirroring 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
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, 2018Growers 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
Many graziers and mixed farmers in central and northern NSW have destocked in the continuing dry conditions, and are not prepared to buy grain, as they did last year, at a premium to the volume market…Read More
Liz and Henry Wells, April 24, 2019
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
Want of rain saw domestic grain prices current and new crop firm this week as cottonseed drifted further. Oats and other cereal crops proving a popular planting choice amid ongoing tight fodder outlook…Read More
Liz Wells and Henry Wells, April 11, 2019
Prices for feedgrain in southern Queensland have slipped a few dollars per tonne following rain in the past week, which has sparked some early planting of winter crops in pockets of New South Wales…Read More
Henry and Liz Wells, April 4, 2019
Continuing dry conditions in summer-cropping areas, increased grazier demand and firming free-on-truck markets in Brisbane and Newcastle have lifted wheat, barley and sorghum markets by up to $10 per tonne in the past week…Read More
Henry and Liz Wells, March 14, 2019
Limited grower selling has supported prices in the past week, but wheat and barley price movements were mixed as millers and traders grappled with ample supplies and reduced near-term demand…Read More
Henry and Liz Wells, March 7, 2019
Southern wheat values were $15/t lower this week on trade liquidating longs, while the southern Queensland sorghum harvest passed two-thirds and cattle feeders await cotton picking to alleviate extreme high cottonseed prices…Read More
Liz Wells and Henry Wells, February 28, 2019
Domestic craft brewers and distillers are positioning themselves to buy more than 10 per cent of the malt produced by Coopers at its Adelaide plant which opened in 2017…Read More
Grain Central, February 28, 2019