Friday, December 13, 2019
Roll up, roll up for the wheat rollercoaster
Up, down, side to side. The rollercoaster of the grain market continues to provide excitement. As harvest advances pricing levels have risen. In this weeks update we take a look at ASX pricing, WA forecasts, Trump deals and UK elections.
Friday, December 06, 2019
MAP your route
This week’s grain market update includes a look at ‘cheap’ offers of fertilizer in Australia & the slowness of the Victorian harvest.
Friday, November 29, 2019
American markets have closed for the thanksgiving holiday. Whilst they relax eating pumpkin pie and turkey the rest of the world carries on. In this weeks comment we take a look at barley pricing.
Friday, November 22, 2019
Local futures down
As we move into this harvest the local ASX futures decline further, in this update we look at the seasonality. We also update on some of the 20/21 global projections and the fate of the Argentine crop.
Friday, November 15, 2019
Important news from Ukraine and China
In the past 24 hours there has been two news items which are likely to have some impact on Australia. One in the mid to long term, and one in the short term. The uncertainty from China continues, and one of our major export competitors modernizes their practices.
Friday, November 08, 2019
Anti-dumping probe continues to leave uncertainty
Usually the market is relatively busy at the start of harvest, however, at the start of November things are going off with a whimper. In this update we talk about the lack of bids & volume on ASX.
Friday, November 01, 2019
This is a landmark harvest, but we will get clarity soon.
It’s the day after Halloween. A night of monsters and scares. However, for farmers the scariest matter this year has been the downward progression of crop yields. This has been a landmark harvest where production has been massively down, but prices have declined, however the headers will give the industry its much needed clarity.
Friday, October 25, 2019
The drive to harvest pulls down wheat pricing
This season is all about local elements. The overseas market can be forgotten for now. In this update we take a look at the factors holding prices down and why it’s worth keeping an eye on overseas futures for next years harvest.
Friday, October 18, 2019
Lower production, lower prices.
Many crop forecasters are calling the crop lower. It is therefore confusing for many why the price for cereals is dropping rather than rising. This time last year ASX wheat was A$444/mt, this week it is trading at A$353/mt. Why is that happening when the crop is in poor condition?
Friday, October 11, 2019
Delayed planting leads to delayed harvest
It’s roughly four weeks until harvest starts in earnest. We will then truly get a good indication of how much the crop has fallen since the ABARES report in September due to frost and continued dryness. In the US, delays to harvest are causing concerns with Jack Frost on his way to their northern crops.