October saw the wheat market regain some strength, with Adelaide APW1 prices edging up by around $5/MT for the month to-date, while Portland APW1 gained about $10/MT. The market has been mainly supported by a weaker Australian dollar and increasingly dry conditions since September. However,...
Local barley prices we have seen some small gains over the past month, with BAR1 in Adelaide circa $290/MT and $310/MT in Geelong. The market has found some support with the weather turning more arid and growers are searching for finishing rains. In the background,...
The SA and Vic canola growing season has improved significantly from the first half of 2025 with the late start and low subsoil moisture, to now better soil moisture profiles following good rainfall through winter in most regions. The USDA WASDE production forecast for the...
Aussie lentil prices have continued to push lower, with declines surpassing $100/MT over the last month. The primary driver has been the hefty Canadian crop which is reportedly much larger than originally anticipated, with production forecasts ranging between 2.9-3.5MMT (combined red and green). At the...
SA and VIC wheat markets have remained under pressure this month, with Port Adelaide APW1 down $12/MT and Portland $14/MT since early September. This decline has been driven by weaker global wheat futures, a firmer Australian dollar, and easing basis levels. Of note, global wheat futures...
Barley prices have continued to cool across southern Australia, with bids slipping to around $290 per metric tonne (MT) in Adelaide’s Outer Harbour and $304/MT in Geelong — declines of $17/MT and $11/MT respectively over the past month. The slide reflects improved grower confidence and...
Canola crops in South Australia are beginning to flower and are in generally good health due to favourable growing conditions despite the late start to the season. ABARES’ recent September Crop Report has the 25/26 SA canola crop pegged 373kMT, unchanged on last year but...
The lentil market has been hit hard by the onset of the Canadian harvest. In both SA and Vic, nipper lentil prices for the 25/26 season have declined $80-100/MT (across various delivery locations) since the start of August. Initially, the Canadian harvest started off at a...
SA and VIC wheat markets have continued to fall in recent months, pressured by weakness in US wheat futures, coupled with improving optimism for spring weather. Port Adelaide and Portland wheat bids are circa $330/MT and $337/MT, respectively, down about $20/MT since early July. This...
Australian barley prices have continued to soften, reflecting improved seasonal conditions at home and increases to global feed grain production forecasts. 2025/26 barley (BAR1) bids are around $300/MT Port Adelaide and $309/MT in Geelong, having softened $8-15/MT relative to bids seen in July. This continues...