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.
Friday, April 05, 2019
Crop update around the world
The 2nd quarter of the year is the most important part of the year for world grain production. During this period of time, the major growth phase of the northern hemisphere crop will develop. This can lead to volatility in pricing as the Northern Hemisphere will largely determine pricing for the remainder of the year. In this weeks’ comment we will take a look at some of the forecasts for the major production areas.
Friday, March 29, 2019
Trepidation as we head into seeding
After such a terrible year there is a sense of trepidation as we move into the Australian seeding period. In this week’s grain comment we take a look into ASX pricing and the ramping up of volatility in pricing.
Friday, March 22, 2019
Grain Traders: Another one bites the dust.
In this week’s market commentary, we discuss some good news in the barley market. Unfortunately, it is not good news all round though with the voluntary administration of mid-tier grain trader Lempriere Grain.
Friday, March 15, 2019
Short sellers take profits
After two months of almost continual declines, this week saw a strong rebound on profit taking by short sellers. On Tuesday the Chicago market in A$/mt rose 5% or $11. The market was very short, and the risks now will start to increase as the growing period progresses.
Friday, March 08, 2019
Insulation from overseas sensation
The wider world has seen wheat markets fall since the start of the year. Forecasts for the coming global crop look positive, which if realized will result in prices remaining low. However in Australia we are currently insulated from factors overseas.
Friday, March 01, 2019
The bears are out for barley
It’s been a tough month for grain producers both locally and globally, with prices falling dramatically. In this weeks update, we take a look at the December futures contract, basis and potential issues with barley into China.
Friday, February 22, 2019
Sausages, coal and interest rates
The grain market is not only steered by agricultural factors, many of the driving forces behind price movements are out with the industry. In this weeks grain comment we look at how sausages, coal and interest rates can have an impact on our industry.
Friday, February 15, 2019
EU wheat at a discount
In this week’s grain market update we take a look at the new crop contracts overseas now that we’re approaching the northern hemisphere harvest.