Barley prices have remained broadly unchanged over the last month with Outer Harbour remaining at $320/MT, with some minor ($2-$4/MT) price pull back. Much of Australian barley’s competitive pricing through the start of 2025 has been a function of the low Australian dollar, along with...
The Australian lentil market is struggling under the weight of the import tariff imposed early by the Indian government. Originally the duty exemption for lentils was due to expire on 31st March 2025, but this was brought forward to 8th March. The rate has been...
Wheat futures have dropped sharply, driven by escalating trade tensions following US President Donald Trump’s tariffs on imports from Canada, Mexico, and China. These tariffs have spooked global markets, overshadowing concerns of weather-related crop issues and creating significant volatility in wheat markets. From early January...
Barley prices over the last three weeks have continued to trend higher, increasing $3-$7/MT across SA and Vic ports. As a result of this trend, barley prices reached a recent high of $322/MT. This price increase is primarily a result of increased barley vessel action...
South Australian 24/25 season canola prices have been trending sideways for February, with conventional canola ranging from $770/MT to $810/MT and GM canola $655/MT to $690/MT. Towards the end of the month, prices have pulled back as competition between exporters declines and shipping programs are...
Lentil prices across South Australia and Victoria have dipped though early Feb, now priced just below $900/MT on a delivered-port basis or equivalent. With many of the bulk vessels finalising near-term accumulation, the market has broadly come into alignment with the containerised market where shipping...
A deeper dive into the 2024/25 wheat supply and demand suggests a moderately bullish outlook, driven by tightening global supply and weather uncertainties in both the US and Russia adding layers of complexity. Bearishly, China’s import demand has been slower than expected, with a potential 8MMT...
Barley prices since late December have forged $17/MT higher, now trading at $317/MT in SA’s Outer Harbour port zone. Whilst this price increase has an underlying fundamental basis, there has also been price strength noted in the global feed grain complex. This strength stems from...
Over the past fortnight we have seen local barley prices drop $10 – $12/MT at all major port zones. History shows us that this is a critical time of year to capitalise on forward sales. We regularly see US corn futures seasonal lows for both...
US SRW wheat has surged higher over the last couple of weeks, rallying circa 60 c/bu from recent lows. The Price has pushed through resistance at 720c/bu and is now taking aim at the previous season high of 770c/bu. The market is pushing higher following...