Friday, August 16, 2019
Data brings certainty or uncertainty?
The USDA report surprised most stakeholders within the industry this week. It wasn’t a welcome surprise, with prices declining across the board. In this update we take a look at the impact on pricing, and how Australian pricing is remaining strong.
Friday, August 09, 2019
A new month
With a new month comes new opportunities. This week we take a look at the futures market and basis levels around Australia.
Friday, August 02, 2019
The turning point in pricing?
The end of July sees Australia and the US once again starting to diverge away from one another, with drought concerns coming to the fore. In this week's comment, we briefly discuss the direction of the market and the recent external administration of another grain trading company.
Friday, July 26, 2019
Record breaking heat in Europe
In this weeks comment we take a look at local pricing and the current environment in Europe. Will the weather help or hinder the crop?
Saturday, July 20, 2019
Rollercoasters also go down
The wheat market has taken a turn for the worst this week. In the past week A$18 has been lost from the December CBOT wheat futures, back to mid-May levels.
Friday, July 12, 2019
WASDE, Burgundy & Dry outlook
The bulk of the world’s wheat crop is produced in the northern hemisphere, if something goes wrong there it can have a colossal impact upon pricing. Overnight the USDA released their July WASDE report. In this weeks comment we will look at who the winners and losers were.
Friday, July 05, 2019
What does the wheat market and ice-hockey hacks have in common?
The wheat market has well and truly entered the volatile northern hemisphere weather market. It looked for a while like the wheat market was only moving in one direction. However, the past week has seen a retreat in pricing.
Friday, June 28, 2019
IGC numbers out but no surprises
The International Grains Council (IGC) released their June projections last night, with the changes in production largely expected. The IGC might have disappointed a little on the corn and soybean front, with prices easing, while wheat stayed at its peak despite growing production.
Friday, June 21, 2019
WA prospects on the rise
Improving prospects in WA contrast the continued dry weather in the east. Markets are reacting as would be expected, with confidence in the NSW crop starting to wane. Internationally, last week’s gains have been given back and east coast markets are still taking some notice.
Friday, June 14, 2019
Rain pressures ASX basis
Have you heard the one about the rain on the US Plains? Thought so. It might seem like déjà vu but the story remains the same, with a few twists thrown in this week.