Improved Northern Hemisphere production forecasts pressure markets Black Sea exports expected to be strong for the first half of the marketing year US winter harvest is underway at average pace Australian prospects good, on the provision of winter rain AUD strength pressures domestic prices Wheat...
India temporarily relaxes lentil tariffs Supply-chain concerns linger in subcontinent Kharif crop likely to be hit by large locust swarm 2020 lentil production forecast higher; stocks still low $Aud resurgence caps lentil rally Tariff changes – over the past fortnight, India reduced their basic import...
Matif rapeseed continues its rally on dry weather & yield cuts Canadian canola exports to China drop to 30% of normal China now Australia’s second largest buyer Palm oil rallied as India re-entered the market Crude oil up 35% in the last month as...
China threatens an 80% tariff on Australia barley imports Anti-dumping investigation final result due by May 19 Local barley values pressured by decent rainfall in Black Sea & EU Australian climate drivers predicting a wetter than average season Fixed feed spreads worth considering China’s Anti-Dumping...
Coronavirus continues to cause volatility and uncertainty Lower AUD has supported loch cash prices Local stocks continue to tighten Sorghum values lifted significantly meaning opportunities for barley exist Australian Barley currently trading just below export parity Local Cash Prices - Barley has continued the march...
Local wheat values approaching export parity February Tight local wheat stocks Coronavirus putting pressure on global wheat prices, AUD Wheat futures trending softer Initial USDA forecasts – US ending stocks slashed The past fortnight has seen South Australian wheat come under pressure amid ongoing...
Demand on all pulses has eased over the last fortnight as the Indian rabi (winter) crop progresses well and coronavirus concerns cause market confidence to wane. Harvest of the rabi crop has now started in India’s southernmost growing areas, and will continue to pick up...
Coronavirus and US-China trade deal vaugeness increasing volatility in market Canadian crush rates up significantly Y-on-Y, 20/21 production 5.9% lower Palm oil debacles between India and Malaysia, hindered Chinese economic growth & crude oil falls weighing on EU rapeseed market Aussie canola lifted on...
The Australian barley market continued its upward momentum through the first half of January as short covering and a lack of grower liquidity continued to play on the market, only to fall away late last week. Barley 1 in the Outer Harbour zone rallied up...
Over the past fortnight, wheat (cash, futures and delivered prices) escaped the seasonal holiday slump with prices maintaining their steady to slightly stronger tone, particularly within the delivered markets. It appears that with limited trading activity over the past month, a few end users are...