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The first week of sales for the new year last week opened with a bang, the EMI smashed through 1400 cents, while the WMI reached almost 1500 cents. (WMI has little influence from X Bred prices). This week the good times continued, prompting AWI to announce the wool market...

This week Obama is out, and Trump is officially in. The world will be watching as the new ‘leader of the free world’ takes office, and whether he will still be moving the markets through his twitter account. The market is looking forward to the 2017/18 harvest, and wondering...

Increased demand this week from exporters noted as Chinese buyers resume their activity, undeterred in the face of a higher A$. The EMI creeping back above 1500¢, up 28¢ to 1506¢ and gaining 31US¢ to 1146US¢. The Western markets resumed auctions this week and activity...

A great week for farmers on the grain markets. The speculators whom many like to chastise for being involved in the grain markets, in combination with worsening weather, have helped put a little fire under the wheat market. The futures markets have provided a welcome...

The last week has been quite quiet in the grain markets, with little in the way of new information. The lack of fresh data has had traders clutching at straws. In this week’s comment, we will take a general look at a potential source of...

The wheat market is trying to have a rally, at least in international markets, while locally the sheer volumes of wheat in store, and seeping out into the market appears to be depressing basis. Canola basis has improved, but unfortunately it’s been due to futures falling, not physical...

At the end of sales for 2016, we noted that the wool market had finished in line with its performance over the year, solid, firm and resilient. There was generally a feeling of confidence, but the open to 2017 was well above expectation. The market this week...