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Grain

The local market has risen in the last week, presenting strong prices for those who are fortunate enough to produce grain this year. In this week’s market comment, we look at ASX for 2021 and an opportunity for a Kansas-Chicago spread trade.At a local...

There remains a huge amount of uncertainty when it comes to the production of this years’ Australian grain crop. This didn’t stop the ASX wheat market declining.The ASX wheat market in recent weeks has been like a Mexican stand-off. The spread between the bid...

The grain market in Australia has been on a rollercoaster since last year. The excitement has continued, and we see local markets continuing to rise. In this update we take a look the woes in Western Australia and look at whether we will hit last...

This week I was lucky to get the opportunity to travel to the west coast to talk to producers and stakeholders within the industry. In this week’s comment I’ll cover the big talking points in the west. It’s a tale of two wheat markets at present,...

The midyear fall that has been a striking pattern in recent years has reoccurred during 2019. The middle of the year is always full of little surprises which can drive the market strongly but quite often the bearish fundamentals come back to bite. The Chicago...

The USDA report surprised most stakeholders within the industry this week. It wasn’t a welcome surprise with prices declining across the board. In this update we take a look at the impact on pricing, and how Australian pricing is remaining strong. This time last week...