Category: Commodities

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

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 »

Southern NSW cotton nudges record 800,000 bales as picking wraps up

Cotton production in the Murrumbidgee and Murray valleys of southern New South Wales has hit a record 800,000 bales, with 53 new growers joining the region’s existing cohort of 110 to grow a record area of 72,000 hectares. The post Southern NSW cotton nudges record 800,000 bales as picking wraps up appeared first on Grain… Read more »

Weekly rainfall wrap + 14 day rain outlook, 27 June 2018

Cold fronts generated light falls along the southern coast of Australia and moderate falls in western Tasmania. A trough produced showers and moderate falls from the central to southeastern coast of New South Wales. The highest weekly total was 105 mm at Careys Peak (Barrington Tops) in New South Wales. The post Weekly rainfall wrap… Read more »

Sources say COFCO set to close Toowoomba office

Unconfirmed reports say COFCO International is preparing to close its Toowoomba trading office at the end of this week. The post Sources say COFCO set to close Toowoomba office appeared first on Grain Central. Source: Grain Central Sources say COFCO set to close Toowoomba office

Options narrow for drought-hit eastern croppers

Thousands of hectares of the eastern Australia cropping belt lie fallow as drought takes hold and the winter sowing window begins to close. Only a fraction of this season’s intended plantings are in the ground, with much of that deep sown. The post Options narrow for drought-hit eastern croppers appeared first on Grain Central. … Read more »

CBH sets sights on lowest-cost supply chain

CBH Group announced today it would cut storage and handling fees by $4/tonne effective from the commencement of the 2018-19 harvest. The post CBH sets sights on lowest-cost supply chain appeared first on Grain Central. Source: Grain Central CBH sets sights on lowest-cost supply chain

Recruitment: Value in boosting employees’ team spirit

GREAT workplace environments in the sheep and wool industry don’t just happen – they are a result of hard work from leaders, and buy-in from staff. The post Recruitment: Value in boosting employees’ team spirit appeared first on Sheep Central. Source: Sheep Central Recruitment: Value in boosting employees’ team spirit

NZX set to sell Australian Crop Forecasters, ProFarmer

Agricultural analysis and data subscription platforms ProFarmer Australia and Australian Crop Forecasters are on the market as NZX seeks to sell its remaining grain data assets in Australia. The post NZX set to sell Australian Crop Forecasters, ProFarmer appeared first on Grain Central. Source: Grain Central NZX set to sell Australian Crop Forecasters, ProFarmer

EU-Australia Free-Trade Agreement negotiations commence

In 2015 Australians joined the Eurovision Song Contest, some say to help us and Europeans understand each other better. This week in Canberra friendliness was further advanced as EU commissioners began Free Trade Agreement negotiations, towards economic, political and strategic alliances between Australia and the EU. The post EU-Australia Free-Trade Agreement negotiations commence appeared first… Read more »

Weekly rainfall wrap + 14 day rain outlook, 20 June 2018

A series of cold fronts produced moderate falls in southeastern Australia, with snow falling in Alpine regions, while a surface trough and cold front generated moderate falls in western and southern Western Australia. The post Weekly rainfall wrap + 14 day rain outlook, 20 June 2018 appeared first on Beef Central. Source: Beef Central Weekly… Read more »

World-leading cotton seed plant opened at Wee Waa

Cotton Seed Distributors (CSD) have officially opened their new cotton seed processing facilities at ‘Shenstone’ near Wee Waa in northern NSW. The post World-leading cotton seed plant opened at Wee Waa appeared first on Grain Central. Source: Grain Central World-leading cotton seed plant opened at Wee Waa

Trade access high priority: ABARES

AUSTRALIA’s $61 billion farm production sector faces challenges at home and in the international marketplace, according to the Australian Bureau of Agricultural and Resource Economics and Sciences’ (ABARES) quarterly report today. A key domestic factor seen by ABARES is the review of the wheat port code and whether limiting monopoly power associated with port terminal… Read more »

Wheat/barley price prospects on the rise; oilseeds to fall: ABARES

Despite hot, dry conditions across the cropping regions during the first quarter of 2018, particularly in eastern Australia, the value of crop production in 2018–19 is forecast to remain unchanged at $31 billion, according to ABARES’ ‘Agricultural Commodities: June quarter 2018’ report released today. The post Wheat/barley price prospects on the rise; oilseeds to fall:… Read more »

US/China trade stoush unsettles US farmers

Friday’s escalation of tough talk on trade tariffs from Washington and Beijing is being met with calls for calm from farm leaders in the US and Australia. The post US/China trade stoush unsettles US farmers appeared first on Grain Central. Source: Grain Central US/China trade stoush unsettles US farmers

Weekly rainfall wrap + 14 day rain outlook, 13 June 2018

A rainband produced moderate to locally heavy falls in the northwest of Western Australia, while a coastal trough and southeasterly onshore winds generated moderate falls along the east coast of New South Wales and southeastern Queensland. The post Weekly rainfall wrap + 14 day rain outlook, 13 June 2018 appeared first on Sheep Central. Source:… Read more »

Farmer confidence slides to five-year low as drought grips

Australian farmer confidence has hit a five-year low as heightened concerns over drought take hold, with grain growers reporting the biggest drop in sentiment as a below-average winter crop is now firmly on the cards. The post Farmer confidence slides to five-year low as drought grips appeared first on Grain Central. Source: Grain Central … Read more »

Growers pulling grain from storage as dry conditions continue

An increasing number of growers are accessing their warehoused grain in Viterra’s system to feed livestock as dry conditions continue, the bulk handling company said this week. The post Growers pulling grain from storage as dry conditions continue appeared first on Beef Central. Source: Beef Central Growers pulling grain from storage as dry conditions… Read more »

Feedgrain Focus: Dwindling hay supplies push up grain values

Dwindling supplies of hay are pushing animal feeders into a choppy market where pulses, cereals and cottonseed are in high demand and trading at values above last week’s levels. The post Feedgrain Focus: Dwindling hay supplies push up grain values appeared first on Beef Central. Source: Beef Central Feedgrain Focus: Dwindling hay supplies push… Read more »

Weekly rainfall wrap + 14 day rain outlook, 6 June 2018

A series of cold fronts produced moderate falls across southern Australia, with heavy rain along the west coast at the end of the week. Showers associated with a coastal trough generated moderate fall along the east coast of New South Wales. The post Weekly rainfall wrap + 14 day rain outlook, 6 June 2018 appeared… Read more »

Seasonal climate outlook Jun-Aug 2018

Winter days and nights are likely to be warmer than average for most of Australia, except parts of the far north. Warm winter days are very likely in the southeast, with chances greater than 80% over NSW, Victoria, Tasmania and eastern SA. The post Seasonal climate outlook Jun-Aug 2018 appeared first on Sheep Central. … Read more »

Weekly rainfall wrap + 14 day rain outlook, May 30 2018

A strong cold front tracked across southern Australia, generating moderate falls along the west coast and parts of southeastern Australia. Moist, onshore airflow produced moderate falls along parts of the exposed east coast of Queensland and northeastern New South Wales. The post Weekly rainfall wrap + 14 day rain outlook, May 30 2018 appeared first… Read more »

BlockGrain roadshow generates interest in software and tokens

Agrichain hopes BlockGrain will become the largest industry-wide platform for managing the agricultural supply chain, using block chain to enable growers, brokers, trucking companies, buyers and others entitled to access to view documents immediately and simultaneously, instead of having to wait weeks for paperwork to arrive, and enabling invoicing as soon as loads are delivered…. Read more »

SunRice moves to list on Australian Securities Exchange

SunRice today announced plans to move the listing of its B Class Shares from the National Stock Exchange (NSX) to the Australian Securities Exchange (ASX) to improve access to external capital and support the company’s growth strategy. The post SunRice moves to list on Australian Securities Exchange appeared first on Grain Central. Source: Grain… Read more »

Weekly rainfall wrap + 14 day rain outlook, 23 May 2018

A westerly flow and a series of embedded cold fronts produced moderate falls in southeastern Australia, while moist onshore flow brought showers and moderate fall to parts of Queensland’s east coast. The post Weekly rainfall wrap + 14 day rain outlook, 23 May 2018 appeared first on Sheep Central. Source: Sheep Central Weekly rainfall… Read more »

Silo art gets the stamp of approval in new series

After wowing the countryside, some of Australia’s iconic silo art is featured on four new postage stamps. Source: ABC Grain Silo art gets the stamp of approval in new series

Manildra flour mill resumes operations after explosion

Operations have resumed at Australia’s largest flour mill, the Manildra Group’s home facility in central New South Wales, following an explosion on Saturday which injured one worker. The post Manildra flour mill resumes operations after explosion appeared first on Grain Central. Source: Grain Central Manildra flour mill resumes operations after explosion

Darling Downs feedgrain hits record $400/t

Prices for wheat and barley delivered Darling Downs have hit a record-equalling $400 per tonne delivered this week, as domestic feedgrain shipped into Brisbane from Port Adelaide makes its way into the market. The post Darling Downs feedgrain hits record $400/t appeared first on Beef Central. Source: Beef Central Darling Downs feedgrain hits record… Read more »