The canola harvest in SA is nearing completion with reports of average to above average yields especially through the higher rainfall zones. The cool conditions through spring and late rains helped crops to extend flowering which improved yield and quality has also been good with...
With the Aussie lentil harvest now mostly completed, the peak seasonal selling pressure has started to ease. Bids have subsequently improved from delivered values circa $615/MT at major ports to indications between $630-$650/MT at the time of writing. Part of the lift is also driven...
Over the past month, the SA and VIC markets have been under pressure, mainly driven by softening basis as the wheat harvest is well underway and a strengthening Aussie dollar. Since mid-November, both Adelaide and Portland APW1 track prices have declined by about $9/MT. Back in...
Local feed grain markets have been relatively steady to firmer over the past month. As barley harvest progresses across WA, Queensland, NSW under mostly favourable weather, with early yields exceeding expectations. South Australia and Victoria harvest is well underway, though progress has been slow due...
The canola harvest in South Australia has commenced but has been delayed by cool and wet conditions through late spring. These same conditions have also added yield in some high rainfall districts. Prices for ISCC conventional canola have been in an uptrend since early October...
The Aussie lentil harvest is well underway, despite the hold-ups from ongoing rainfall. Some growers have been getting total precipitation up to 50-60mm since the start of November. Growers in the Vic Mallee and SA’s Upper North have seen between 5-25mm over the same period....
Over the past fortnight, the SA and VIC markets have held steady, with increases in global wheat futures offset by a weakening local basis as harvest slowly picks up pace. Since mid-October, ADE basis has softened from 71 USc/bu to 51 USc/bu, while PTL basis...
The US corn harvest is wrapping up, with estimates putting total production near a record 425MMT. But the month-long US government shutdown has made it difficult to pin down updated yield results or export data, leaving markets to run on increased speculation whilst data sits...
The South Australian canola harvest is slowly approaching, with recent wet and cool weather delaying harvest. The area planted to canola in SA was reduced at the beginning of the season due to a late start and dry subsoil. The crop has developed well in...
Lentil prices have steadied over recent weeks with delivered prices settling just above $600/mt. Recent price support has been driven by a lower Aussie dollar (vs September), limited grower selling and a decline in Canadian liquidity post-harvest. Some near-term shipping shorts have seen recent opportunities...