CBH Group has returned $95 million to growers in rebates for the year to September 2018, with its marketing and trading division generating $48m through activity in domestic and international markets.
This summer, the Ord region of Western Australia is shipping its biggest ever tonnage of winter-grown corn for dry-milling in South Korea by Dong-Il Grain.
Grain received by Western Australian bulk handler CBH Group has this week passed its season estimate of 14.8 million tonnes, with harvest still well under way in the Albany and Kwinana zones but winding down in Esperance and Geraldton.
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.
Harvest in Western Australia is drawing to a close in some districts, and CBH Group’s receivals in the week to 13 December of 2.77 million tonnes have brought the total intake in the harvest to date to 13Mt.
Peter McMeekin this week comments on the rhetoric of shipments of US soybeans to China, some Letter of Credit troubles with North African trade and reports excellent trade cooperation front-ending China’s barley business with Australia, amid reports of superlative malting quality.
Soil water repellence on sandy soils can be significantly reduced by incorporating clay with deep tillage, boosting crop productivity and profitability.
Winter crop harvest yields continue to rise above expectations in Western Australia where total tonnages exceed projections as more area is harvested.
Western Australia has harvested around two-thirds of its winter crop now that receivals have hit 10.13 million tonnes (Mt), according to the latest weekly report from the state’s bulk handler, CBH Group.
Western Australian growers have delivered 2.4 million tonnes (Mt) of grain in the week to 30 November into CBH Group storages to lift the state’s total to 7.2Mt, or close to half the expected tonnage, in the harvest to date, according to CBH Group’s latest harvest report.