The South Australian 26/27 canola crop is off to a flying start with seeding nearing completion and early vigour has been excellent. Following poor starts in the previous two seasons, the first half of 2026 has been a sharp contrast. High rainfall through March and...
Over the past month, SA and VIC wheat prices have traded within a $15/MT range. In the first half of May, SA and VIC prices increased to $360/MT and $375/MT respectively. The rally underpinned by stronger futures markets on the WASDE report release, which forecast...
Barley markets are heading into the 2026/27 season with a fairly balanced outlook, although weather risks are becoming more important, most notably for Australia’s east coast. Global supply is still comfortable after a strong 2025/26 production year, but the market is no longer trading purely...
The global lentil market is entering the 2026/27 season with historically large supply levels, but also with a potential increase of weather risks to new season production. Record production across Canada and Australia during 2025/26 has resulted in high carry-out stocks, particularly in Canada, where total...
South Australian canola prices for the 26/27 season broke above $800/MT for the first time last week. Canola prices have been in a steady uptrend since the beginning of the year, and the latest strength continues to be coming from higher global crude oil prices....
Since early April, SA and VIC new crop prices have increased by $7/MT, mainly driven by dryness across the East Coast of Australia and stronger global wheat markets, supported by ongoing tensions in the Middle East and persistent dryness in the US winter wheat belt....
Barley is finding support heading into the 2026 season, although the broader outlook still suggests upside may be limited for now. As planting ramps up across southern Australia, the season is arriving with a mix of encouragement and caution. Opening soil moisture has been some...
Lentil prices have recovered from post-harvest lows to approximately $700/MT on both an Adelaide and Melbourne basis, seemingly consolidating around this pricing point. This recovery has been supported by strong export performance and limited grower selling. A stronger Australian dollar is placing downward pressure on...
The SA canola crop is off to a cracking start with seeding underway and plants out of the ground in some early regions in the first week of April. Well above March rainfall through SA has provided growers with confidence to seed this year canola...
Over the past month, US wheat futures have rallied sharply, with May soft red winter gaining 19 USc/bu and hard red winter surging by 70 USc/bu. The move has been primarily driven by escalating tensions in the Middle East, which have significantly disrupted trade flows...