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, 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, 2018The Queensland and New South Wales is hoping recent rain will bolster prospects for the sorghum crop now being planted, which holds potential to price itself into feed rations from March onwards…Read More
Henry Wells, November 22, 2018The United States trade war with China, currency fluctuations and extreme weather form a “melting pot of risks” that threaten global food price stability next year, according to Rabobank’s annual global Agri Commodities Outlook report…Read More
Grain Central, November 19, 2018