Category: Commodities

Commodities (grains and oilseed) news from mainly external sources.

Viterra consolidation shuts 17 sites in country network

Viterra has permanently closed 17 of its smaller up-country sites as part of a rationalisation that signals changes in South Australia’s bulk-handling system…Read More Source: Grain Central Viterra consolidation shuts 17 sites in country network

Two more shipments of Canadian wheat to Australia approved

The Australian Government has confirmed a further two shipments of Canadian wheat have been approved for import into Australia…Read More Source: Grain Central Two more shipments of Canadian wheat to Australia approved

Dalgrains position clarified amid counterparty caution

The financial position of Dalgrains has been clarified by Worrells Solvency & Forensic Accountants, with partner Adam Ward last week appointed as its liquidator…Read More Source: Grain Central Dalgrains position clarified amid counterparty caution

Australia to import grain for the first time since 2007

Australia will import foreign-grown grain for the first time since 2007, after the Department of Agriculture approved a permit to import bulk wheat from Canada. Source: ABC Grain Australia to import grain for the first time since 2007

World wheat crop to lift 5pc: AMIS

Bigger wheat crops this year in Russia, EU and Australia are expected to boost world wheat production by 5 per cent from last year’s reduced level, says international crop monitoring agency…Read More Source: Grain Central World wheat crop to lift 5pc: AMIS

Seasonal pain for GrainCorp

Investors in GrainCorp have been alerted today to the severity of conditions affecting its grains business in 2019, with the company saying grains in the half-year to 31 March, 2019 would earn it around $40 million less than it had expected…Read More Source: Grain Central Seasonal pain for GrainCorp

SunRice lists on the ASX

SunRice has today taken the next step on a journey that began in the New South Wales Riverina almost 70 years ago, with the company listing on the Australian Securities Exchange (ASX)…Read More Source: Grain Central SunRice lists on the ASX

Demerger to split GrainCorp into MaltCo, New GrainCorp

GrainCorp is preparing to demerge its malting division under the new MaltCo banner, and bundle its other businesses into New GrainCorp as it looks to add value to its expanding global portfolio. ..Read More Source: Grain Central Demerger to split GrainCorp into MaltCo, New GrainCorp

Cotton yields/quality hit by big dry; price eases the pain

A long, drawn-out summer and limited water reserves have put the pinch on this year’s cotton crop, hitting dryland crops particularly hard and putting the pressure on irrigated production…Read More Source: Grain Central Cotton yields/quality hit by big dry; price eases the pain

Global grain stock drawdown set to continue: IGC

The first 2019/20 projections point to the third year-on-year year closing stock drawdown, entirely attributed to ongoing maize supply/demand tightening, according to International Grains Council (IGC) estimates published today. ..Read More Source: Grain Central Global grain stock drawdown set to continue: IGC

Grain sector confidence rises as growers await autumn break: Rabobank

Times are still tough, but the grains sector has shown the biggest upswing in confidence in the past few months, with sentiment among grain growers outstripping other commodity sectors, according to Rabobank’s first quarterly Rural Confidence Survey for 2019…Read More Source: Grain Central Grain sector confidence rises as growers await autumn break: Rabobank

EU competitive pricing explains late-season spike in wheat sales: USDA

The latest snapshot of world wheat prices from the USDA gives an insight into wheat trade flows globally, as between December 2018 and February 2019 US and Russian Black Sea wheat prices fell, prompting small but significant adjustments to the USDA’s February estimates…Read More Source: Grain Central EU competitive pricing explains late-season spike in… Read more »

Australian cotton down 48pc on last year: USDA

The Australia cotton crop is now estimated to produce 2.5 million bales, down 0.1 million bales or 4 per cent from last month and down 2.3 million bales or 48pc from last year, according to the latest monthly report from the USDA…Read More Source: Grain Central Australian cotton down 48pc on last year: USDA

Special One Grain enters liquidation after creditors’ meeting

After nearly five months in administration, Special One Grain has gone into liquidation, with unsecured creditors owed a collective $10.3 million. ..Read More Source: Grain Central Special One Grain enters liquidation after creditors’ meeting

Weekly rainfall wrap + rain outlook, 6 Mar 2019

THUNDERSTORMS and showers developed along broad areas of low pressure across northern Australia, while an onshore flow and associated showers generated moderate falls along the Queensland and New South Wales east coast…Read More Source: Sheep Central Weekly rainfall wrap + rain outlook, 6 Mar 2019

GrainCorp sells Australian Bulk Liquid Terminals for $350m

GrainCorp has sold its Australian Bulk Liquid Terminals (ABLT) business to ANZ Terminals for around $350 million, but plans to continue using the assets under a long-term storage agreeement with the new owners…Read More Source: Grain Central GrainCorp sells Australian Bulk Liquid Terminals for 0m

Seasonal climate outlook May-May 2019

AUTUMN is likely to be drier than average over most of eastern Australia and slightly wetter than average over inland western Western Australia, according to the Bureau of Meteorology’s climate and water outlook for February to April 2019, released this morning. ..Read More Source: Sheep Central Seasonal climate outlook May-May 2019

Sun sets on Eyre Peninsula rail as Viterra moves to road

Viterra’s announcement that it will not be using the Eyre Peninsula rail network to haul grain to its Port Lincoln terminal will put up to 50 more trucks per day on the road…Read More Source: Grain Central Sun sets on Eyre Peninsula rail as Viterra moves to road

Weekly rainfall wrap + rain outlook, 27 Feb 2019

Broad areas of low pressure across northern Australia produced thunderstorms and moderate fall, while onshore flow produced moderate falls along the east coast of Queensland and New South Wales…Read More Source: Sheep Central Weekly rainfall wrap + rain outlook, 27 Feb 2019

CBH set to build further 800,000t of storage at WA sites

CBH Group is planning to spend more than $150 million to add in excess of 800,000 tonnes of new storage and associated inloading and outloading equipment to the Western Australian bulk-handling system, with work due to start in coming months…Read More Source: Grain Central CBH set to build further 800,000t of storage at WA… Read more »

Big dry cuts summer crop prospects: ABARES

Drier and warmer than average seasonal conditions in cropping regions in Queensland and northern New South Wales during December and January reduced prospects of summer crop production in 2018–19, according to the latest Australian Crop Report…Read More Source: Beef Central Big dry cuts summer crop prospects: ABARES

Weekly rainfall wrap + rain outlook, 13 Feb 2019

An embedded tropical low on the monsoon tough produced very heavy falls in the Gulf Country and Queensland’s northern interior. The highest weekly total was 505 mm at Paluma Ivy Cottage, northwest of Townsville in Queensland…Read More The post Weekly rainfall wrap + rain outlook, 13 Feb 2019 appeared first on Sheep Central. Source: Sheep… Read more »

Weekly rainfall wrap + rain outlook, 6 Feb 2019

The active monsoon trough brought moderate to heavy falls to parts of northern Australia, while a tropical low over northwest Queensland, embedded on an active monsoon trough, resulted in heavy falls and flooding in northern Queensland. The post Weekly rainfall wrap + rain outlook, 6 Feb 2019 appeared first on Beef Central. Source: Beef… Read more »

Weekly rainfall wrap + rain outlook, 30 Jan 2019

The monsoon trough enhanced convective activity over the northern tropics during the week, with heavy falls recorded on Queensland’s north tropical coast. Tropical cyclone Riley developed off the Kimberley coast in Western Australia and brought moderate falls to the Pilbara. The post Weekly rainfall wrap + rain outlook, 30 Jan 2019 appeared first on Beef Central. … Read more »

Weekly rainfall wrap + rain outlook, 23 Jan 2019

Thunderstorms and showers produced moderate falls in northern Australia, while a surface trough and upper level disturbance led to thunderstorms and moderate rainfall over parts of eastern New South Wales. The post Weekly rainfall wrap + rain outlook, 23 Jan 2019 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + rain outlook, 23 Jan… Read more »

Namoi seeks court’s help over Cargill cottonseed wrangle

Namoi Cotton has filed a pre-discovery application with the Federal Court of Australia in which it which seeks access to documents and accounting information from Cargill Australia Limited in respect of their joint venture oilseeds business. The post Namoi seeks court’s help over Cargill cottonseed wrangle appeared first on Grain Central. Source: Grain Central … Read more »

GrainCorp awaits revised takeover proposal

GrainCorp is waiting on potential buyer, Long-Term Asset Partners (LTAP), to come up with a “more certain” takeover proposal before it makes any recommendations to its shareholders. The post GrainCorp awaits revised takeover proposal appeared first on Grain Central. Source: Grain Central GrainCorp awaits revised takeover proposal

Weekly rainfall wrap + rain outlook, 12 Dec 2018

Broad low pressure troughs produced moderate falls through Western Australia and northern and eastern Australia, while heavy falls were recorded in the north tropical Queensland coast after ex-tropical cyclone Owen crossed near Port Douglas. The post Weekly rainfall wrap + rain outlook, 12 Dec 2018 appeared first on Beef Central. Source: Beef Central Weekly… Read more »

Weekly rainfall wrap + rain outlook, 5 Dec 2018

BROAD low pressure troughs produced moderate falls in northern and central Australia, while a deep low pressure system off the New South Wales coast produced locally heavy falls in Sydney, the Illawarra and Central Tablelands districts. The highest weekly total was 222 mm at Faulconbridge in the Central Tablelands of New South Wales. The post… Read more »

LTAP heavyweights launch takeover bid for GrainCorp

A new vehicle for Australian investors, Long-Term Asset Partners Pty Ltd (LTAP), has bounded into view with a bid to buy out eastern Australia’s major bulk handler, GrainCorp, for $10.42 per share. The post LTAP heavyweights launch takeover bid for GrainCorp appeared first on Grain Central. Source: Grain Central LTAP heavyweights launch takeover bid… Read more »

Seasonal climate outlook Dec 2018 – Feb 2019

Summer rainfall is forecast to be below average across much of northern Australia, with warmer than average days and nights likely, according to the Bureau of Meteorology’s three month seasonal climate outlook for December to February. The post Seasonal climate outlook Dec 2018 – Feb 2019 appeared first on Beef Central. Source: Beef Central … Read more »

Weekly rainfall wrap + rain outlook, 28 Nov 2018

Surface troughs generated storms and showers in northern, central and eastern Australia, while a series of cold fronts and associated low pressure systems produced moderate fall in the southeast. The post Weekly rainfall wrap + rain outlook, 28 Nov 2018 appeared first on Beef Central. Source: Beef Central Weekly rainfall wrap + rain outlook, 28… Read more »

BCM expands Brisbane capacity to handle more interstate grain

Boolah Commodity Management is about to bring its fourth storage site at Pinkenba into operation to help service demand for interstate grain being shipped into Brisbane, and last week hosted a visit from the Queensland Agricultural Merchants keen to learn more about the logistics task. The post BCM expands Brisbane capacity to handle more interstate… Read more »

Weekly rainfall wrap + rain outlook, 21 Nov 2018

A weak cold front resulted in light to moderate falls in southeast Australia at the start of the week, while a broad surface troughs across northern Australia produced thunderstorms and showers with moderate falls. The post Weekly rainfall wrap + rain outlook, 21 Nov 2018 appeared first on Sheep Central. Source: Sheep Central Weekly… Read more »

China’s probe into Australian barley pricing has echoes of US sorghum

China’s decision to launch an investigation into companies’ pricing of Australian barley doesn’t alter fundamentals which remain strong, though cash market prices meantime have fallen. The post China’s probe into Australian barley pricing has echoes of US sorghum appeared first on Grain Central. Source: Grain Central China’s probe into Australian barley pricing has echoes… Read more »

Weekly rainfall wrap + rain outlook, 14 Nov 2018

A cloudband produced moderate falls from central to southeast Australia, and surface troughs resulted in moderate falls across the west, central and east of Australia. The post Weekly rainfall wrap + rain outlook, 14 Nov 2018 appeared first on Beef Central. Source: Beef Central Weekly rainfall wrap + rain outlook, 14 Nov 2018

WA winter crop surges back to 15.653Mt

Widespread rain over the central regions of Western Australia in the past month have arrested the slide in winter crop grain yields, lifting the Grain Industry Association of Western Australia’s (GIWA) latest estimate for WA production to 15.653 million tonnes. The post WA winter crop surges back to 15.653Mt appeared first on Grain Central. … Read more »

Barley among key drivers of 1.8 per cent rise in commodities index: NAB

Following a large monthly gain of 6.5 per cent in September, the National Australia Bank Rural Commodities Index has continued to perform well month-on-month, rising a further 1.8pc in October. Sugar and barley were key drivers. The post Barley among key drivers of 1.8 per cent rise in commodities index: NAB appeared first on Grain… Read more »

Weekly rainfall wrap + rain outlook, 7 Nov 2018

Broad surface troughs produced showers and thunderstorms in central, northern and eastern Australia, while a cold front and pre-frontal trough brought moderate falls to parts of southeast Australia. The highest weekly total was 110 mm at Byfield Childs Road in central Queensland. The post Weekly rainfall wrap + rain outlook, 7 Nov 2018 appeared first on… Read more »

GrainCorp cuts mark drought’s latest bite on agribusiness

GrainCorp is shedding 50 jobs in eastern Australia to help the company better cope with the financial stresses and reduced throughput caused by the drought. The post GrainCorp cuts mark drought’s latest bite on agribusiness appeared first on Grain Central. Source: Grain Central GrainCorp cuts mark drought’s latest bite on agribusiness

Feedgrain focus: Improved hay supply takes the top off barley price

Grain harvest has begun in all states further easing some areas of supply, but the welcome supply of hay cut from cropping country has done much to cool livestock feed shortages nearby and medium term. The post Feedgrain focus: Improved hay supply takes the top off barley price appeared first on Beef Central. Source:… Read more »

Seasonal climate outlook Nov 2018 – Jan 2019

November to January is likely to be drier than average for large parts of Australia, according to the latest three monthly seasonal climate outlook statement released by the Bureau of Meteorology this morning. The post Seasonal climate outlook Nov 2018 – Jan 2019 appeared first on Sheep Central. Source: Sheep Central Seasonal climate outlook… Read more »

Weekly rainfall wrap + 14 day rain outlook, 24 Oct 2018

Broad surface troughs across northern and eastern Australia produced moderate falls during the week, while cold fronts brought further falls to southeastern Australia. The post Weekly rainfall wrap + 14 day rain outlook, 24 Oct 2018 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + 14 day rain outlook, 24 Oct… Read more »

River City Grain wash-up sees former director plead guilty

The former director of now-defunct grain-trading operation, Sapphire (SA) Pty Ltd, Brenton Strauss, has pleaded guilty to acting as an officer of a company while it was under external administration. The post River City Grain wash-up sees former director plead guilty appeared first on Grain Central. Source: Grain Central River City Grain wash-up sees… Read more »

Wheat port code review set to extend scope to all bulk grains

The Wheat Port Code of Conduct is set to extend to cover all bulk grains, and companies not complying with the code will be subject to penalties, according to the latest review of the federal legislation released this week. The post Wheat port code review set to extend scope to all bulk grains appeared first… Read more »

Special One Grain enters voluntary administration

Special One Grain has today gone into voluntary administration, citing the drought in eastern states as one of the reasons for its deteriorating position. The post Special One Grain enters voluntary administration appeared first on Grain Central. Source: Grain Central Special One Grain enters voluntary administration

Weekly rainfall wrap + 14 day rain outlook, 17 Oct 2018

A persistent surface trough and onshore flow brought moderate falls to southeastern Queensland and northeastern New South Wales, while troughs and a cold front tracked across southwest Western Australia throughout the week, producing  moderate falls in the southwest and southern coasts of the State. The post Weekly rainfall wrap + 14 day rain outlook, 17… Read more »

Kwinana zone leads new storage capabilities ahead of big WA harvest

Significant storage and handing investment will be completed in time for harvest in Western Australia’s central and southern zones as CBH prepares to handle everything the 2018 winter crop can deliver. The post Kwinana zone leads new storage capabilities ahead of big WA harvest appeared first on Grain Central. Source: Grain Central Kwinana zone… Read more »

Rise of online platforms prompts Agfarm’s exit from broking

Sydney-based agribusiness firm, Agfarm, has ceased its grain-broking function, but will continue to operate with an eye to expanding its other operations, including grower finance and grain marketing. The post Rise of online platforms prompts Agfarm’s exit from broking appeared first on Grain Central. Source: Grain Central Rise of online platforms prompts Agfarm’s exit… Read more »

‘First look’ climate outlook released for Nov 18-Jan 19

The ‘first-look’ November 2018 to January 2019 rainfall and temperature outlook forecast issued today suggests below-average rainfall will be likely for much of eastern Australia, with warmer than average temperatures for much of the continent. The post ‘First look’ climate outlook released for Nov 18-Jan 19 appeared first on Beef Central. Source: Beef Central … Read more »

Eastern drought pushes Australian winter crop forecast lower

Australian winter crop production estimates continue to tumble as drought grips the eastern cropping regions, with INTL FCStone the latest crop-watcher to downgrade its projections for wheat, barley and canola. The post Eastern drought pushes Australian winter crop forecast lower appeared first on Grain Central. Source: Grain Central Eastern drought pushes Australian winter crop… Read more »

Weekly rainfall wrap + 14 day rain outlook, 10 Oct 2018

WELCOME rain over the past week in parts of New South Wales experiencing rainfall deficiencies, while low pressure systems and associated troughs produced rainfall for south west and south east Australia. The post Weekly rainfall wrap + 14 day rain outlook, 10 Oct 2018 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall wrap + 14 day rain… Read more »

US grain imports add up, says veteran Downs lotfeeder

Veteran Darling Downs lotfeeder Kev Roberts thinks its not too late for the feedlot industry to consider mounting a case for feedgrain importation. The post US grain imports add up, says veteran Downs lotfeeder appeared first on Beef Central. Source: Beef Central US grain imports add up, says veteran Downs lotfeeder

Bureau of Meteorology releases 2018-19 Tropical Cyclone Outlook

The Bureau of Meteorology’s 2018-19 Tropical Cyclone Outlook released this morning shows fewer tropical cyclones than usual are likely for the coming cyclone season from October through to April 2019. The post Bureau of Meteorology releases 2018-19 Tropical Cyclone Outlook appeared first on Beef Central. Source: Beef Central Bureau of Meteorology releases 2018-19 Tropical Cyclone… Read more »

Cargill to shut NSW crush plant as cottonseed supplies run dry

Cargill is set to close its crush plant at Narrabri in north west New South Wales by the end of November as cottonseed supplies dry up due to the drought. The post Cargill to shut NSW crush plant as cottonseed supplies run dry appeared first on Grain Central. Source: Grain Central Cargill to shut… Read more »

US growers praise new trade deal with Canada/Mexico

United States wheat producer organisations, the National Association of Wheat Growers (NAWG) and United States Wheat Associates (USW), have welcomed the Trump administration’s new trade deal struck with Canada and Mexico this week. The post US growers praise new trade deal with Canada/Mexico appeared first on Grain Central. Source: Grain Central US growers praise… Read more »

Weekly rainfall wrap + 14 day rain outlook, 3 Oct 2018

A series of surface level troughs produced moderate falls and thunderstorms across southeast Queensland and northeast New South Wales, while complex low pressure systems in southern Western Australia generated moderate falls along the west and south coasts and southern Goldfields District. The post Weekly rainfall wrap + 14 day rain outlook, 3 Oct 2018 appeared… Read more »

Weekly rainfall wrap + 14 day rain outlook, 26 Sept 2018

Rainfall was generally restricted to coastal areas of the east and south of the country, and Tasmania. Cold fronts and onshore flow produced moderate falls in western Tasmania, southern VIC, and the north coast of NSW, while isolated thunderstorms brought light falls in the Kimberley in WA and the NT’s southwest. The post Weekly rainfall wrap +… Read more »

Weekly rainfall wrap + 14 day rain outlook, 25 Sept 2018

RAINFALL was generally restricted to coastal areas of the east and south of the country, and Tasmania. Cold fronts and onshore flow produced moderate falls in western Tasmania, southern Victoria, and the north coast of New South Wales, while isolated thunderstorms brought light falls in the Kimberley in Western Australia, and the south west of the Northern… Read more »

US heads for record summer crop yields: USDA

Record yields are on the cards for the US summer crops of corn and soybeans. Corn recently began an earlier-than-usual harvest in the US mid-west. The post US heads for record summer crop yields: USDA appeared first on Grain Central. Source: Grain Central US heads for record summer crop yields: USDA

Australian grain sector likened to playing a game of snakes and ladders

It is not too often a board game and the grain sector go hand in hand, but as growers wait to plant a summer crop the season is being likened to “snakes and ladders”. Source: ABC Grain Australian grain sector likened to playing a game of snakes and ladders

ABARES cuts winter-crop estimate by 12pc in latest crop report

Australia’s total winter-crop production is forecast to drop 12 per cent nationally to 33.2 million tonnes (Mt), with production declines forecast in all eastern states, according to its latest periodic Australian crop report. The post ABARES cuts winter-crop estimate by 12pc in latest crop report appeared first on Grain Central. Source: Grain Central ABARES… Read more »

WA crop outlook good, but drought bites hard in the east

A new report has laid out a grim forecast for east coast crop production, but rains have saved the day in Western Australia. Source: ABC Grain WA crop outlook good, but drought bites hard in the east

Train brings wheat from SA to NSW for feedlots, flour

Feedlots close to the New South Wales-Queensland border, as well as the flour-milling sector in Sydney, will absorb most of the 6000 tonnes of wheat now making its way to end users by rail from South Australia. The post Train brings wheat from SA to NSW for feedlots, flour appeared first on Beef Central. … Read more »

GrainCorp lifts FY18 earnings + seasonal update

GRAINCORP lifted its earnings guidance for the year ending 30 September 2018 to $255-$270 million, the company said in a statement to the ASX released this week. The post GrainCorp lifts FY18 earnings + seasonal update appeared first on Grain Central. Source: Grain Central GrainCorp lifts FY18 earnings + seasonal update

Wheat rust outbreak could cost Australia up to $1.4 billion

The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) estimates a nation-wide outbreak of the wheat rust strain Ug99 could cost Australia up to $1.4 billion over 10 years. The post Wheat rust outbreak could cost Australia up to $1.4 billion appeared first on Grain Central. Source: Grain Central Wheat rust outbreak… Read more »

Weekly rainfall wrap + 14 day rain outlook, 5 Sept 2018

At the start of the week, a strong cold front followed by a complex low pressure system tracked over southwestern parts of WA, with the associated cloudband and embedded thunderstorms generating moderate falls in the South West Land Division and Goldfields District in WA. The cold front and a weak low moved through SA, and… Read more »

Seasonal climate outlook Sep-Nov 2018

Spring is more likely to be drier than average for southwest WA, most of SA, the southern NT, inland NSW (west of the divide), Victoria, Tasmania, and northern Queensland, according to the Bureau of Meteorology’s three-month climate outlook statement released this morning. The post Seasonal climate outlook Sep-Nov 2018 appeared first on Sheep Central. … Read more »

Weekly rainfall wrap + 14 day rain outlook, 29 August 2018

A cold front and associated low pressure system produced moderate falls in southern Western Australia and southwest South Australia early in the week, while a low pressure system and trough produced moderate falls in parts of southern Queensland and eastern New South Wales. The post Weekly rainfall wrap + 14 day rain outlook, 29 August 2018… Read more »

Weather will determine if WA harvest records are broken

On the back of nine-year-high prices, grain farmers in Western Australia are expected to have one of their biggest and most profitable harvests in the state’s history. Source: ABC Grain Weather will determine if WA harvest records are broken

Cottonseed demand falters as prices continue to climb

It is becoming increasingly likely that high prices will cause the premature shutdown of Australia’s biggest cottonseed crush at Narrabri as the seasonal disaster escalates the price of the crush facility’s commodity input, whole fuzzy white cottonseed. The post Cottonseed demand falters as prices continue to climb appeared first on Beef Central. Source: Beef… Read more »

Weekly rainfall wrap + 14 day rain outlook, 22 August 2018

A series of cold fronts tracked across southern Australia, producing moderate falls in southwest and southeastern Australia. Heavy falls were recorded across western Tasmania, due to vigorous cold fronts and associated low pressure systems. The post Weekly rainfall wrap + 14 day rain outlook, 22 August 2018 appeared first on Beef Central. Source: Beef… Read more »

Record commodity prices undermine grainfed trading budget result

The explosive rise in ration ingredient prices over the past couple of months has pushed results in Beef Central’s latest grainfed trading budget deep into loss territory – but the financial impact has been moderated somewhat by declining feeder cattle prices. The post Record commodity prices undermine grainfed trading budget result appeared first on Beef… Read more »

FTAs set to deliver more benefits to Australian exporters: Coulton

New benefits are on the way for Australian exporters and investors through the continual upgrading of market access arrangements and Free Trade Agreements. The post FTAs set to deliver more benefits to Australian exporters: Coulton appeared first on Grain Central. Source: Grain Central FTAs set to deliver more benefits to Australian exporters: Coulton

Weekly rainfall wrap + 14 day rain outlook, 15 August 2018

Two cold fronts generated moderate falls in southwestern and southeastern Australia, while Western Tasmania had wet and windy conditions throughout the week. The post Weekly rainfall wrap + 14 day rain outlook, 15 August 2018 appeared first on Beef Central. Source: Beef Central Weekly rainfall wrap + 14 day rain outlook, 15 August 2018

Grain prices drive commodities higher in July

Higher grain prices drove the National Australia Bank’s Rural Commodities Index up 1.3pc in July, with prolonged dry conditions across Eastern Australia continuing to push feed prices higher. The post Grain prices drive commodities higher in July appeared first on Beef Central. Source: Beef Central Grain prices drive commodities higher in July

WA winter crop heading towards record

It’s not just the wild flowers that have sprung into life in Western Australia, the state’s winter crop is going from strength to strength, spurred on by timely growing-season rains that have set the scene for a potential record production year. The post WA winter crop heading towards record appeared first on Grain Central. … Read more »

Scarcity of cottonseed restricts Cargill’s Narrabri crush

Headaches loom for specialist livestock feeders using cottonseed meal and hulls in their rations as cottonseed crushers, amid droughty market demand, strive to increase production. The post Scarcity of cottonseed restricts Cargill’s Narrabri crush appeared first on Grain Central. Source: Grain Central Scarcity of cottonseed restricts Cargill’s Narrabri crush

Profitable Black Sea grain makes its mark on Victorian delegation

A Victorian grower delegation back from a crop tour of the Black Sea region is coming to terms with the profitability and potential of a region now going head to head with Australia. The post Profitable Black Sea grain makes its mark on Victorian delegation appeared first on Grain Central. Source: Grain Central Profitable… Read more »

Who will Australia back in US/China tussle?

Australia will ultimately have to choose a side in the escalating trade and political spat between the United States and China, a move that will have big implications for Australia’s agricultural exports, according to Rabobank’s Hong Kong-based senior Asia Pacific strategist, Michael Every. The post Who will Australia back in US/China tussle? appeared first on… Read more »

Weekly rainfall wrap + 14 day rain outlook, 8 August 2018

Thunderstorms produced moderate falls in western, central and northeastern Victoria, elevated areas of the Snowy Mountains in New South Wales, and in northwest Tasmania, while another cold front moved north over the South West Land Division, bringing cold southwest to southerly winds in the wake of the front and further moderate falls to the South West… Read more »

Australia/Baltic shortfall sways trade flows in world wheat market

The wheat marketing year ahead is looking “a little less normal” with a challenging supply outlook, changing trade flows and the price set to rise “until the point where corn says stop”, according to Dublin-based senior commodity risk manager with INTL FCStone, Rory Deverell. The post Australia/Baltic shortfall sways trade flows in world wheat market… Read more »

State farm organisations welcome $190m Federal drought support package

Farmers and graziers impacted by drought will receive up to an additional $12,000 in financial support, under a $190 million support package announced by prime minister Malcolm Turnbull this morning. The post State farm organisations welcome $190m Federal drought support package appeared first on Beef Central. Source: Beef Central State farm organisations welcome 0m… Read more »

AGIC 2018 kicks off with international flavour

Australia’s trade relationship with India is moving forward, according to Federal Minister for Trade, Steve Ciobo, in his opening address to the two-day Australian Grains Industry Conference (AGIC) 2018, which kicked off this morning in Melbourne. The post AGIC 2018 kicks off with international flavour appeared first on Grain Central. Source: Grain Central AGIC… Read more »

Weekly rainfall wrap + 14-day rain outlook, 1 August 2018

Rainfall deficiencies over 6 months have increased both in extent and severity for most of New South Wales, agricultural and east pastoral regions of South Australia, northern Victoria and southern coastal Western Australia. The post Weekly rainfall wrap + 14-day rain outlook, 1 August 2018 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall… Read more »

Rains shore up western/southern winter crop prospects

Handy rains across Australia’s western and southern regions through the week have bolstered winter crop prospects, particularly in Western Australia and the southern parts of South Australia and Victoria. The post Rains shore up western/southern winter crop prospects appeared first on Grain Central. Source: Grain Central Rains shore up western/southern winter crop prospects

Seasonal climate outlook Aug-Oct 2018

August to October is likely to be drier than average for most of mainland Australia. Chances are highest in the southeast, where there is a greater than 80pc chance of a drier season for northern Victoria and southern NSW. The post Seasonal climate outlook Aug-Oct 2018 appeared first on Beef Central. Source: Beef Central … Read more »

Weekly rainfall wrap + 14 day rain outlook, 25 July 2018

A series of cold fronts and troughs embedded in a vigorous westerly flow brought moderate falls to the north and west of Western Australia’s South West Land Division and southern Goldfields and southeastern South Australia, parts of western Victoria and northern Tasmania. The post Weekly rainfall wrap + 14 day rain outlook, 25 July 2018 appeared… Read more »

Weekly rainfall wrap + 14 day rain outlook, 18 July 2018

A weak low pressure system over Victoria produced moderate falls in southeastern South Australia and western Victoria, while a series of cold fronts tracked across the south, generating moderate falls along the South West Land Division in Western Australia, and in western and northern Tasmania. The post Weekly rainfall wrap + 14 day rain outlook, 18… Read more »

Faltering SA prompts contract washouts as WA consolidates

Uncertain production prospects for barley crops in South Australia’s central and northern growing areas have prompted a run of grower washouts and turned trade attention to Western Australia, where growers are forward selling some wheat and barley tonnage as crop outlooks consolidate. The post Faltering SA prompts contract washouts as WA consolidates appeared first on… Read more »

AGIC launches app for 2018 conference

AN app has been created for iOS and android phones  to guide participants through the Australian Grains Industry Conference (AGIC) 2018 conference program and associated events taking place in Melbourne from 31 July to August 2. The post AGIC launches app for 2018 conference appeared first on Grain Central. Source: Grain Central AGIC launches… Read more »

Feedgrain Focus: Northern market softens, southern rates hold

THE market for feedgrain delivered to Darling Downs end-users has dropped by $5-10 per tonne in the past week, but values in southern New South Wales have held steady as frosts limit crop growth and kick along demand for supplementary feed. The post Feedgrain Focus: Northern market softens, southern rates hold appeared first on Beef… Read more »

Weekly rainfall wrap + 14 day rain outlook, 11 July 2018

A series of cold fronts tracked across southern Australia during the week, producing moderate falls, while a vigorous southwesterly airflow resulted in damaging winds and moderate falls in Tasmania, the Victorian Alps and Snowy Mountains in New South Wales. The post Weekly rainfall wrap + 14 day rain outlook, 11 July 2018 appeared first on… Read more »

AGEA and GTA join forces

Grain Trade Australia (GTA) and the Australian Grain Exporters Association (AGEA) have agreed to bring the two organisations together as part of grain industry efforts to improve efficiency and effectiveness of industry representation. The post AGEA and GTA join forces appeared first on Grain Central. Source: Grain Central AGEA and GTA join forces

Weekly rainfall wrap + 14-day rain outlook, July 4 2018

A SURFACE and upper level trough produced moderate falls in southern Queensland and central New South Wales, while a cold front tracked across west and southern Australia, with moderate to heavy falls recorded near the west coast of Western Australia. The post Weekly rainfall wrap + 14-day rain outlook, July 4 2018 appeared first on Sheep… Read more »

Seasonal climate outlook Jul-Sep 2018

July to September is likely to be drier than average in northern and eastern mainland Australia, according to the Bureau of Meteorology’s latest three monthly seasonal climate outlook statement released today. The post Seasonal climate outlook Jul-Sep 2018 appeared first on Sheep Central. Source: Sheep Central Seasonal climate outlook Jul-Sep 2018

Kangaroo’s odds against dragon, eagle, bear in AGIC 2018 spotlight

Australia’s options to assert itself in the global marketplace among policy and trade heavyweights China, the United States and Russia will be under examination at the 2018 Australian Grains Industry Conference (AGIC) on 1st and 2nd August 2018. The post Kangaroo’s odds against dragon, eagle, bear in AGIC 2018 spotlight appeared first on Grain Central. … Read more »