Market Wrap

Wheat markets ease off highs


Australian prices easing alongside global markets despite ongoing concerns for the US winter wheat plains & cold read more >>

18/19 Australian wheat output to bounce?


ABARES released their first estimate of 18/19 Australian production this week pegging national production at 23.7mmt read more >>

World weather supports wheat markets.


Australian wheat values are helped by the weaker Australian $ and World markets rising on weather concerns. (/files/ read more >>

Funds continue to buy back wheat


Little has changed fundamentally to trigger the fund buying seen over the last few month but they are only 16k short read more >>

Abares raise Aussie Wheat production


ABARES released the February crop report this week and upped their estimate of Australian wheat production by j read more >>

US plains remain dry


Market expecting benign USDA report after CBOT Wheat futures close 14cts higher on Wednesday on ongoing dry US plain read more >>

Aussie wheat struggles to ignite


The strength in overseas futures markets on US crop conditions hasn’t flowed through to Australia due to the fi read more >>

Weaker US$ supports US markets


Planting weather in Australia is not being discussed, but hot and dry weather in the North is supporting prices. (/f read more >>

USDA cut Australian 16/17 wheat production


The USDA adopted the ABS production estimate of 30.6mmt for 16/17 and left 17/18 production unchanged at 21.5mmt in  read more >>

ABS surprising Australian wheat update


ABS released a surprising update to 2016/17 production overnight pegging the wheat crop at 30.6mmt vs ABARES Decembe read more >>

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