CNSW Market Update – 22/06/2018

Anthony Hall, Agfarm Regional Manager NSW and QLD

Markets remained firm this week on the back of little to no rain recorded again in the Central West and Northern NSW regions. All falls recorded last week throughout NSW were again to the south and got heavier the closer you got to Victorian border.

For good reason, growers in Central and Northern NSW continue to hold old crop stocks, either as a hedge against crop failure this year or to continue feeding livestock.

The main buying interest this week has been barley for stock feed and we are having to head into VIC and SA to find the offers. Liverpool Plains consumers and traders have been looking for offers this week with little interest from sellers. Chick peas have jumped up to $670-675/MT level delivered packer in CNSW.

QLD growers are reporting the same issues we have in NSW; patchy germination and cereals that are up on minimal moisture already showing signs of stress. One grower in Central Queensland has reported early wheat coming out in head due to unseasonal warm conditions and no rain. From all reports, chick peas are holding in there and looking promising again this year.

Prices as at 21st June 2018

 
 
 
 
 
 
 
 
 

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