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...
As growers shift focus toward seeding the 2026/27 crop, attention is turning to new crop pricing against a backdrop of rising input costs and tightening margins. While planning for the season ahead is well underway, barley continues to hold its own, supported by strong demand...
Nipper lentil prices in SA and Vic have steadied around $660-665/MT on a delivered Adelaide/Melbourne basis. This price stability has resisted the high volatility experienced by the Aussie dollar, a facet that would normally see far stronger daily price swings. One of the primary supporting...
Global oilseed futures prices have experienced extraordinary volatility, being led by crude oil prices. Around 30% of global oilseed production is used to manufacture biofuel, which competes with diesel and petroleum. Rapeseed is used for in the EU for ISCC biofuel manufacture and the EU...
Over the past two months, US wheat futures have rallied strongly, driven by managed funds covering their large net short positions amid persistent dry conditions across key US growing regions and escalating tensions in the Middle East. As of 24 February, managed funds were reported...
As growers shift their focus from harvest toward summer spraying and early planting plans, strong export demand continues to absorb Australia’s record barley crop. Globally, prices remain relatively steady; however, a firmer Australian dollar is tempering local returns and capping upside in domestic values. Domestic track...
South Australian canola production rebounded in 25/26, with production estimated at 507kMT, up 155kMT (44%) on the drought impacted 24/25 season and returning to the 5-year average. The area seeded in 25/26 was slightly below average at 226,000ha, however a cool and late wet spring...
Lentil prices in SA have strengthened post-harvest, with bulk export activity offering support for the market. With harvest pressures now behind us, the reduced grower selling liquidity has further supported prices. Since the start of the new year, bids have risen between $40-$50/MT; this comes...
Southeastern Australia’s wheat harvest is wrapping up, with recent reports indicating average-to-above-average yields. According to the latest ABARES report, 2025/26 SA wheat production is estimated at 4.7 MMT, up about 2 MMT from the previous dry season. VIC wheat production is estimated at 4.0 MMT,...