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August 2018

The week that was in wheat. There is always something interesting happening in the wheat market and when there isn’t, the industry can just make things up. In this week’s market comment, we provide some insights into fake news, futures pricing, local basis & the...

A fall in the Au$, alongside a reduced offering and the prospect of a further reduction in the offerings into the future, conspired to create an almost frenzied wool market this week. The Eastern Market Indicator (EMI) rose strongly from the start and never looked back, gaining...

We are starting to get through the northern hemisphere weather window and the crop condition is now largely known. European Union and Black Sea exports are going to decline and locally we can be sure that Australia won’t export. The task now returns to the...