Market Wrap

Are ABARES production forecasts too high?


ABARES released their June crop report this week with Australian production forecast at 21mT for wheat, 9.2mT for ba read more >>

Western Australia rainfall in focus


West Australian growers are finally receiving some moisture with rainfall starting last night and extending in some  read more >>

US speculators cut short positions


US maize futures have rallied almost $1/bu on the planting delays and potential yield reduction. Volatility increas read more >>

Australian plantings struggle in the West & East


Substantial rainfall in June will be needed to complete a full plant. However there are some bring sport as Victori read more >>

Bears in control


Poor US export sales, collapsing US/China trade talks and strong domestic crop ratings allowed the market bears to p read more >>

Rainfall across Australia pressures market


Good rainfall was recorded across major cropping areas so far this month after a dry April. Forecasts are for dryne read more >>

More rains to aid Aussie plantings


Weather models are pointing to another rain event (BOM has up to 20-60mm forecast) for parts of Queensland and North read more >>

More rain events needed as El Nino resurfaces


Rains boost soil moisture across many Australian cropping regions but more needed ahead of plantings. El Nino  read more >>

Welcome rains Down Under, but are they enough?


Rains finally appearing across parts of Queensland & Northern New South Wales but more needed as the hot/dry sum read more >>

Global supply glut pressuring wheat


International wheat futures and physical markets continued their move lower this week. Market sentiment is weak read more >>

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