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

Feedgrain Focus: Export parity arrests barley price slide

Barley has become the mainstay of many NSW/Qld cattle rations as international market quirks handed the east coast feedlot sector wide open access at prices cheaper than previously dominant wheat and sorghum. Meantime most non-grain feed ingredients remain hard to source…Read More

Liz and Henry Wells, February 14, 2019

Feedgrain Focus: Growers go to ground as values ease

Softness in barley has weakened the feedgrain price complex in the past week, but reluctance of growers to sell the sorghum they are harvesting, and continued concerns about the likelihood that Central Queensland will plant further area, are limiting downside…Read More

Henry and Liz Wells, February 7, 2019

Australian crop estimate nudges higher: INTL FCStone

International crop watcher, INTL FCStone, has revised its production estimates for Australia’s 2018/19 crops, raising the projected figure for the key grains – wheat, barley, canola and sorghum…Read More

Grain Central, January 30, 2019

Feedgrain Focus: Barley dips as feedlots extend coverage

Sorghum crops which desperately needed rain two weeks ago will define the direction of feedgrain values in the north. Meanwhile the boats keep on coming, providing a lifeline for the coastal and inland consumer…Read More

Liz and Henry Wells, January 24, 2019

Feedgrain Focus: Prices firm as cruel January hits sorghum

Hot and dry weather, and a pause in the arrival of vessels from Western Australia, have seen values for feedgrain lift in the past week as end-users bid up to book coverage for nearby delivery as yield outlooks slip for later-planted sorghum crops. ..Read More

Liz and Henry Wells, January 17, 2019

BCM steps into sorghum warehousing in Brisbane, northern NSW

Growers and traders wishing to store or accumulate sorghum from the upcoming harvest will have access to Boolah Commodity Management sites as it moves into warehousing in northern New South Wales and Brisbane with an eye to bulk loading of vessels…Read More

Liz Wells, January 15, 2019

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

Feedgrain Focus: Harvest interrupted buoys near-term values

Rain in the past week across eastern Australia’s cropping areas not only halted the winter-crop harvest in late-maturing areas, prompting short-covering by end-users to ensure adequate supplies of wheat into January, but also proved a game-changer for southern Queensland’s sorghum outlook…Read More

Henry and Liz Wells, December 20, 2018

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