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

Fifth vessel en route to Manildra’s plant from Canada

The fifth panamax cargo of Canadian wheat has finished loading in Vancouver, and with further import applications still with the Australian Government, it may not be the last load of wheat to come in the current drought cycle.
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Liz Wells, August 14, 2019

Feedgrain Focus: Grower sales ramp up on southern rain

Rain this week in most South Australian and Victorian growing regions, and pockets of southern NSW, have prompted some forward selling of new-crop wheat and barley as yield prospects consolidate…Read More

Liz and Henry Wells, August 8, 2019

Feedgrain Focus: Export demand, continuing dry bolster prices

Prices for current-crop and new-crop feedgrains in eastern Australia have firmed in the past week, based on a spike in export demand from The Philippines and critically dry conditions in southern Qld and northern NSW…Read More

Liz Wells, August 1, 2019

Feedgrain Focus: Trade tightens as eastern crop prospects split

The illusion of green crops could fade quickly as worsening conditions creep southward, growers nervous about committing further grain sales and export buyers adding impetus to the rise in new crop prices…Read More

Henry and Liz Wells, July 25, 2019

Feedgrain Focus: Limited grower selling supports new-crop

Rain in the past week has helped to consolidate yield prospects for many southern crops and prompted some selling of stored grain, but new-crop feedgrain rates are holding as the market eyes limited production prospects in northern regions…Read More

Liz Wells and Henry Wells, July 18, 2019

Feedgrain Focus: Prices drop $10/tonne on US softness, WA rain

Bearish factors including the recent tumble in US grain futures’ values have overpowered the chronic deficit of local grain in Queensland and New South Wales to see values ease by $10 per tonne in this week’s feedgrain market…Read More

Liz Wells, July 4, 2019

Birdseed shortage forces suppliers to turn to imports

The hot, dry summer that cruelled crop production in the northern farming region has forced suppliers to the birdseed market to make up the shortfall with imported seed stocks…Read More

Neil Lyon, July 2, 2019

Feedgrain Focus: CQ wheat guides new-crop pricing

Consolidating prospects for the Central Queensland crop have allowed its wheat to price into the southern Queensland market as a curtain-raiser for new crop…Read More

Liz and Henry Wells, June 27, 2019

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