The barley price has improved since the start of July, but how do we compare against the rest of the world?..Read More
Andrew Whitelaw, Thomas Elder Markets, August 27, 2021
ICE canola futures in recent days have been on an upward trajectory. Yesterday they hit and settled above $1000/tonne for the contract corresponding to the Australian harvest…Read More
Andrew Whitelaw, Thomas Elder Markets, August 18, 2021
Basis, for the most part, is driven by supply. Big crop low basis, and vice versa. Basis has weakened over the course of the week. How long can low basis levels last?..Read More
Andrew Whitelaw, Thomas Elder Markets, August 5, 2021
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
A large factor driving the current wheat market is the situation with corn. In a rare occurrence, the spread between corn and wheat has narrowed dramatically, to almost parity…Read More
Andrew Whitelaw, Thomas Elder Markets, April 30, 2021
Agri-commodity markets are set to begin 2021 with high prices and a range of factors that are likely to see prices hike further, according to Rabobank…Read More
Grain Central, November 25, 2020
Why are wheat prices rallying around the world? The main reason is Russia. As the worlds most important wheat exporter, what happens in Russia is now the biggest driver of pricing – for better or worse…Read More
Andrew Whitelaw, Thomas Elder Markets, October 8, 2020
Wheat prices are likely to slide by up to 10 per cent in coming months, but be offset to some extent by improved winter crop prospects, according to Rural Bank’s September Insights Update released today…Read More
Grain Central, September 7, 2020
African swine fever and erratic weather have heavily impacted agricultural commodities in 2019 and will remain key to prices in 2020, according to Rabobank’s global Agri Commodities Research Outlook 2020…Read More
Grain Central, November 21, 2019
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, 2018