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.
Friday, June 07, 2019
Wheat price reality check
The three week rally in Chicago wheat futures came to an abrupt halt this week. Despite little relief in terms of the weather in the US, the market turned around and took our new crop prices with it.
Friday, May 31, 2019
What a difference a month made.
What a difference a month made, seven hundred and thirty little hours. The market has turned 180° since this time last month. In this week’s comment, we take a look at what has caused this move.
Friday, May 24, 2019
Offshore support shores up price
The market is turning around, with overseas concerns starting to be a primary driver on our price (as opposed to drought). In this weeks market comment, we take a look at pricing/basis and the newly launched farm aid package for US farmers.
Friday, May 17, 2019
Have wheat imports impacted Australian prices?
This week sees the first permit for the importation of wheat into Australia since 2007. This has caused a great degree of consternation with producers in the eastern states. However, has it caused any impact upon prices?
Friday, May 10, 2019
Do we have a break?
The rain is falling, and prices are being dragged down in sync. In this update we take a look at the impact on ASX pricing and provide a short case study of a producer utilizing the contract to increase their pricing for the 2019/20 harvest.
Friday, May 03, 2019
Pluviophile – A lover of rain; someone who finds joy and peace of mind during rainy days. The rain has teased in recent months, however this week it has delivered to many in need – and the market has reacted.
Friday, April 26, 2019
A tale of two markets
Grain in Australia is a tale of two markets. The country is still in an effective drought, whilst the rest of the world is on course to produce a bumper crop. In this article, we will update on the situation with the A$ and overseas production.
Thursday, April 18, 2019
Forecasts tease but never please
The lack of rain continues to be a weight upon the entire agricultural industry. The forecasts tease moisture, but they never seem to bring much excitement. In this weeks’ market comment we look at how consumer jitters have driven the local market.
Friday, April 12, 2019
The market is still bearish overseas
In this weeks’ market commentary we take a look at the World Agricultural Supply and Demand Estimates (WASDE) report, and the lacklustre market.