FREE Eyre Limited is outsourcing the grain-marketing function of its entity, FE Grain, to Market Check to allow it to concentrate on its proposed development of a bulk-handling facility at Port Spencer on the Eyre Peninsula.
Australia’s total winter-crop production is forecast to drop 12 per cent nationally to 33.2 million tonnes (Mt), with production declines forecast in all eastern states, according to ABARES’ latest periodic Australian crop report.
A survey by South Australian bulk-handler Viterra indicates the state’s barley area has climbed by 4 per cent, while wheat and canola have remained relatively stable.
Drought in northern New South Wales will limit the state’s ability to export durum, but South Australia can look forward to an exportable surplus if spring growing conditions are kind.
South Australia’s Lower Eyre Peninsula is responding to the need for feed on the drought-hit Upper Eyre Peninsula as crops fail and feed for sheep gets harder to find.
Wet and windy weather in the past week has brought handy falls to promising crops on Western and South Australia’s coastal areas, but little to the crops which are struggling through lack of moisture in eastern Australia.
The South Australian government has forecast the state’s winter crop at a below-average 6.9 million tonnes, including 3.95 million tonnes of wheat, which is close to one million tonnes below the five-year wheat average.
The AgriFutures Export Fodder Program is putting $2.2 million into research and extension to improve agronomy based primarily around Australia’s oaten hay export industry.
Handy rains across Australia’s western and southern regions through the week have bolstered winter crop prospects, particularly in Western Australia and the southern parts of South Australia and Victoria.
Newcastle has joined Brisbane as a destination for feedgrain shipped from southern Australian ports, which is capping prices in northern markets while production concerns grow in the south.