Market Wrap

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 >>

Grain prices find support


World grain prices were supported over the festive period and the first week of January 2018 as some weather premium read more >>

Australian harvest kicks on


Wheat harvest is around 80% & barley 90% complete with activity winding down in most states except Victoria. (/f read more >>

Harvest accelerates across Australia


Northern regions harvest are winding down whilst the Southern regions are about 70% complete. with barley 85-90% com read more >>

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