Facebook Twitter

Barley weakens, corn grows as Australia remembers the fallen

Guest Author, 13 November 2018

Peter McMeekin this week writes about the recent barley sale to Saudi Arabia, the major adjustment China made to its multi-year corn crop numbers and salutes the end of WWI.

Australia’s forecast wheat exports cut to 11.5Mt: USDA

Grain Central, 09 November 2018

Australia’s production and export figures have been revised down in the latest USDA World Agricultural Supply and Demand Estimates report released overnight, which also details increased stocks and production for China as its trade stoush with the US continues.

Tweedle Dee and “Tweet’le Dumber” continue the trade battle…

Guest Author, 06 November 2018

Peter McMeekin this week takes readers on a global journey of crops, markets, weather and politics, including his view on how tweets moved markets amid hope of improved soybean trade from the US to China.

Australian wheat production estimate cut by 1.5Mt: USDA

Grain Central, 12 October 2018

The USDA has cut its forecast for Australian wheat production to 18.5 million tonnes, down 1.5Mt from its previous estimate, in its October World Agricultural Supply and Demand Estimates Report released overnight.

Australian barley tops the charts in Chinese market; solid destination for wheat

Grain Central, 08 October 2018

Australian barley’s dominant position in the Chinese market is set to continue and Australia’s substantial share of the Chinese wheat market also remains strong, although facing competition from North American suppliers.

Australia exports 46,399t of canola in July ahead of clouded new-crop outlook

Liz Wells, 21 September 2018

Australia exported 46,399 tonnes of canola in July to mark the rundown in old-crop supplies, as the market shifts focus to the fate of the weather-affected new-crop.

Farm production value remains stable despite drought: ABARES

Grain Central, 18 September 2018

The value of Australia’s farm production is forecast to remain relatively unchanged at $60 billion in 2018–19, well above the 10-year average of $55b, despite very dry conditions in some places, according to ABARES’ latest quarterly report released today.

Australia covered for barley as Saudi leads buy-up in tight market

Guest Author, 13 September 2018

Saudi Arabia’s latest tender results confirm strength in the global barley market, which is being impacted by a heat-affected harvest in northern Europe, and drought conditions over much of eastern Australia.

Barely enough barley

Guest Author, 21 August 2018

Peter McMeekin this week says shrinking barley crops among most major producers means global rationing will be inevitable, though difficult because a large proportion of world demand is quite inelastic.

China buys 512,181t barley, sorghum as lion’s share of June shipments

Liz Wells, 14 August 2018

Australia shipped a total of 512,181t tonnes of barley and sorghum to China in June, 78 per cent of the 659,656t shipped to all destinations, according to the latest figures out from the Australian Bureau of Statistics.