Local wheat values approaching export parity February Tight local wheat stocks Coronavirus putting pressure on global wheat prices, AUD Wheat futures trending softer Initial USDA forecasts – US ending stocks slashed The past fortnight has seen South Australian wheat come under pressure amid ongoing...
Demand on all pulses has eased over the last fortnight as the Indian rabi (winter) crop progresses well and coronavirus concerns cause market confidence to wane. Harvest of the rabi crop has now started in India’s southernmost growing areas, and will continue to pick up...
Coronavirus and US-China trade deal vaugeness increasing volatility in market Canadian crush rates up significantly Y-on-Y, 20/21 production 5.9% lower Palm oil debacles between India and Malaysia, hindered Chinese economic growth & crude oil falls weighing on EU rapeseed market Aussie canola lifted on...
The Australian barley market continued its upward momentum through the first half of January as short covering and a lack of grower liquidity continued to play on the market, only to fall away late last week. Barley 1 in the Outer Harbour zone rallied up...
Over the past fortnight, wheat (cash, futures and delivered prices) escaped the seasonal holiday slump with prices maintaining their steady to slightly stronger tone, particularly within the delivered markets. It appears that with limited trading activity over the past month, a few end users are...
Lentil markets have continued to drive higher over the past fortnight, with delivered Adelaide bids hitting $610/MT for NIPT1 late last week, now $100/MT above where we saw the most recent lows in August/September. Growers have remained cautious with sales; particularly as lofty prices have...
Canola prices recently reached highs of $615/T in Outer Harbor and Port Lincoln before dropping $45/MT. We saw basis over European (Matif) rapeseed prices move to €16 higher than the season average to-date. With the recent drop in cash prices, basis has since returned to...
As we approach harvest, many growers are mentally prepping for task of harvesting and marketing the grain they have spent all year growing. Being human, we quite often don’t like being told that something we have put a lot of effort into, doesn’t meet the...
[ngg src="galleries" ids="2" display="basic_slideshow" autoplay="1"]Ed Scamps, director of CloudBreak, recently travelled to the US for a week to see firsthand the detrimental effect that excessive wet weather had on corn and soybean plantings this year. The extreme weather began in March this year when a...
The 2018/19 season was the first year Viterra introduced dynamic binning for wheat, allowing growers to receive grade upgrades with classification ranges applicable based on a rolling stack average system. The positive feedback received by the bulk handling company has prompted them to widen the...