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  • SA Market Update 17/08/2018

    Sam Davidson, Agfarm Account Manager SA Rainfall throughout the state has reduced production risk just enough to see an uptick in forward selling this week. The weather forecast shows a series of low fronts to arrive in SA cropping regions over the next 8 days. These fronts have the potential to deliver anywhere from 5-15mm […]
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  • CNSW Market Update – 17/08/2018

    Alistair Murphy, Agfarm Account Manager CNSW This week has seen values rise again with coarse grains firming anywhere between $10-15/MT, even after international values took a breather post the USDA report being released at the end of last week. The USDA report kept the Aussie crop forecast at 22 million tonnes in their latest update, […]
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  • SNSW Market Update 17/08/2018

    Matt Noonan, Agfarm Account Manager SNSW Our region received a positive surprise in terms of rainfall over the weekend. Wagga’s rainfall prediction was 1-5mm. By the time the rain stopped falling we’d received over 10mm, and further south faired even better with Henty and Culcairn receiving in excess of 15mm. Unfortunately, further west toward Griffith […]
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  • VIC Market Update – 17/08/2018

    Giles Ditchfield, Agfarm Account Manager VIC Victoria has seen a similar story to last week, little rain and grain markets increasing. Isolated areas managed to pick up 10mm however this wasn’t widespread. Growers are still hoping for a good fall of 15-25mm to ensure an average yielding crop is achieved. The BOM forecast shows the […]
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  • WA Market Update – 17/08/2018

    Reid Seaby, Agfarm Regional Manager WA The WA cropping belt remains in excellent shape and failing any periods of significant heat stress or frost (touch wood) we remain on track for a 10MMT+ wheat crop. Most areas, with the exception of Esperance and the eastern Albany zone, are expecting above average yields on their cereals […]
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  • Agfarm World Market Update, August 2018 – Global Supply and Demand; What It Does to Wheat Prices

    Global Supply and Demand; What It Does to Wheat Prices Chris Coore, Agfarm Advantage Manager August 15th 2018 Global supply and demand… it’s pretty simple right? You take a look at how much the world produces, how much the world consumes, and how much carry out we have from the previous year. Done! Well, it’s […]
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  • SA Market Update 09/08/2018

    Kate Phillips, Agfarm Account Manager SA The rain managed to hang around this week, with growers in a number of areas grabbing their gumboots and umbrellas while other areas received enough to wet the ground. All areas are looking for good follow up rains to continue. The last few cold fronts brought falls of 10-40mm […]
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  • CNSW Market Update – 09/08/2018

    Alistair Murphy, Agfarm Account Manager CNSW This week saw a massive increase in domestic values across the board, with the majority of cereals firming anywhere between $25-35/MT. Aggressive firming international values only added fuel to fire, with our domestic market already climbing fast as another week of dry weather passes. This week the local government […]
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  • SNSW Market Update 09/08/2018

    Matt Noonan, Agfarm Account Manager SNSW NSW has just been declared 100% in drought, so any remaining doubt about the seriousness of the situation has now been laid to rest. For several months now, we have encountered the same scenario in terms of decent rainfall on the horizon dissipating down to 1 – 5mm at […]
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  • VIC Market Update – 09/08/2018

    Sam Davidson, Agfarm Account Manager VIC This week we’ve seen a low front generating a cloud band and isolated thunderstorms with widespread light falls across most of Victoria and south eastern South Australia. Just enough rain fell throughout the Victorian cropping belt to at least relieve some pressure this week but follow up falls over […]
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  • WA Market Update – 09/08/2018

    Reid Seaby, Agfarm Regional Manager WA The season continues to be kind to the WA grower, both from a pricing and production perspective. More rain has fallen in the past seven days and grain markets have maintained their bullish tone. Most parts of WA have had a really good start to the month with two […]
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  • SA Market Update 3/08/2018

    Kate Phillips, Agfarm Account Manager SA With the dry continuing to dominate discussions in the grain sector all eyes continue to monitor weather sites and patterns in the hope that the much-needed rain eventuates here in SA. The BOMs eight-day forecast shows the possibility of falls between 5-20mls for most of the grain growing areas, […]
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  • CNSW Market Update – 3/08/2018

    Alistair Murphy, Agfarm Account Manager CNSW Further cutting of the NSW and QLD new crop expectations have been made after another dry week has passed, and as a result we’ve seen further strength in grain markets in the range of $8 to $12 per tonne across the board. Grower sales have really dropped away over […]
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  • SNSW Market Update 3/08/2018

    Nathan Michael, Agfarm Account Manager SNSW Any hopes of achieving average production for this year in any part of NSW are well and truly gone. Crop conditions are varied across the south of the state, with crops north of Parkes probably in the worst shape at the moment, followed by crops west of the Newell […]
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  • VIC Market Update – 3/08/2018

    Sam Davidson, Agfarm Account Manager VIC The Victorian markets continued last week’s upwards trend, with both old crop and new crop prices rallying strongly again on the back of the dry conditions. Having driven around a large part of the state the last week, it’s obvious that the yield potential is there, however most areas […]
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  • WA Market Update – 3/08/2018

    Reid Seaby, Agfarm Regional Manager WA Another really positive week out in the growing regions with the latest couple of cold fronts carrying moisture through all parts of the wheatbelt. The ‘north-centric’ weather pattern continued but thankfully this time the southern zone also got some moisture. Most regions recorded between 10 – 25mm, which is […]
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  • CNSW Market Update – 27/07/2018

    Alistair Murphy, Agfarm Account Manager CNSW Another week has passed with no rain fall recorded in Northern NSW, and with the end of July upon us, it has now become glaringly obvious that much of the Northern NSW crop will be written off this season. As a result, all eyes are now focused on Port […]
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  • SA Market Update 27/07/2018

    Kate Phillips, Agfarm Account Manager SA The high winds have continued across many parts of SA this week, but thankfully temperatures have warmed and the frosts that parts of SA experienced last week haven’t occurred again this week. Damage from the winds is varied across SA. We have seen evidence of wind damage in some […]
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  • VIC Market Update – 27/07/2018

    Sam Davidson, Agfarm Account Manager VIC Victorian wheat markets soared this week with prices rallying $26-$33/MT for 2017-2018 season stock. Dry conditions throughout the Australian east coast is keeping both the frequency and the volume of offers low from sellers, which in turn is making it tough for traders to buy replacement stock from growers. […]
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  • SNSW Market Update 27/07/2018

    Nathan Michael, Agfarm Account Manager SNSW Another week has gone by and there hasn’t been significant rain in any parts of NSW, and so no improvement in crop conditions. Even though there is no doubt that there are areas in serious trouble and at risk of a complete crop failure, we still need to keep […]
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  • WA Market Update – 27/07/2018

    Reid Seaby, Agfarm Regional Manager WA It was a sea of green this week with markets charging higher, led by wheat markets in the US. The US Wheat Quality Council have reported Spring wheat yields are around 13% lower than the 5 year average (38.9 bushels per acre versus 44.7 bushels per acre) which is […]
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  • WA Market Update – 20/07/2018

    Reid Seaby, Agfarm Regional Manager WA Another good week for Western Australia farmers this week with rain over the weekend adding to an already good moisture profile in most areas. The eight day forecast is showing more rain for this weekend, which will boost moisture levels even further. Yield potential for Geraldton and Kwinana zones […]
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  • SNSW Market Update – 20/07/2018

    Nathan Michael, Agfarm Account SNSW The fundamentals of this growing season will not change in the space of a week, although it has to be said there is certainly a different feel about the current situation. Buyers, consumers and most of all growers seem quite nervous about the prospects of a ‘normal’ season this year […]
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  • VIC Market Update – 20/07/2018

    Sam Davidson, Agfarm Account Manager Victoria Victorian wheat markets managed to show a touch more energy this week with buyer engagement sharper relative to recent weeks. Delivered buyer markets saw the majority of buyer interest with Central Vic bids for ASW1 or better increasing by $6/MT from $311/MT to $317/MT delivered JUL-AUG and SFW1/SFWR delivered […]
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  • SA Market Update – 20/07/2018

    Kate Phillips, Agfarm Account Manager SA It’s been a week of high winds, a little rain and slightly more buoyant grain markets. Strong winds took their toll on crops in areas from Loxton through the Eyre Peninsular and with little moisture in some of the ground it wasn’t surprising to hear of sand and dust […]
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  • CNSW Market Update – 20/07/2018

    Alistair Murphy, Agfarm Account Manager CNSW Another week has passed with minimal rainfall to report around the region. We can however report some fairly significant frost activity in places with Dubbo’s thermometers hitting a low of negative five degrees last weekend. Unfortunately, there have been reports of this cold snap worsening the already suffering crop […]
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  • Agfarm World Market Update, July 2018 – How External Threats Affect Grain Markets

    How External Threats Affect Grain Markets Chris Coore, Agfarm Advantage Manager July 16th 2018 Agfarm’s monthly reports often focus on global weather, production, supply and demand and what that means for grain prices here in Australia. This month we are going to take a look at grain markets from a different far less fundamental angle. […]
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  • WA Market Update – 13/07/2018

    Reid Seaby, Agfarm Regional Manager WA Crop conditions throughout the state continue to improve despite the colder temperatures experienced this week. The fine weather following last week’s rain has provided ideal growing conditions which is benefiting crop development. Crops are now in generally good shape having made up a little ground after the later than […]
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  • SNSW Market Update – 13/07/2018

    Matthew Noonan, Agfarm Account SNSW The past week has seen very low temperatures across much of the region slowing crop growth for now. We have had some further patchy falls over the past week (0-10mm’s), which continues to tease as crops slowly come out of the ground from their late start. We are hearing stories […]
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  • VIC Market Update – 13/07/2018

    Sam Davidson, Agfarm Account Manager Victoria It has been another volatile week for Victorian wheat markets this week, with thin trading volumes making price discovery a touch more difficult than usual. Export demand has continued to taper lower with bids to Melbourne, Geelong and Portland ports showing lower value relative to northern Victorian rail sites. […]
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  • SA Market Update – 13/07/2018

    Sam Davidson, Agfarm Account Manager SA We saw another sleepy sideways week for wheat markets this week with prices moving along at +/- $2/MT. APW1 Port Adelaide track bids managed to hold at $295/MT for most of the week but without aggressive bids or offers, trade volumes remain thin resulting in sideways movements week on […]
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  • CNSW Market Update – 13/07/2018

    Alistair Murphy, Agfarm Account Manager CNSW Downside in international values eased prices anywhere between $2-4/MT this week, although much of the downwards move in US futures hasbeen muted given the condition of northern cropping areas. We saw a significant amount of dry sowing progress once again last week, although now the next lot of predicted […]
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  • WA Market Update – 06/07/2018

    Reid Seaby, Agfarm Regional Manager WA Happy days for farmers after more showers fell in WA cropping areas this week, with the possibility of more rain expected in the next seven to 10 days. The Geraldton zone followed up their wet June with between 20-50mm this week, the Kwinana zone had roughly the same although […]
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  • SNSW Market Update – 06/07/2018

    Matthew Noonan, Agfarm Account SNSW Another week has passed with continued positive reports from around the area. Although growers are far from comfortable, given the germination of most crops there is now a lot more confidence in the coming season. In general, cereals have fared much better than canola and even in areas where cereal […]
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  • VIC Market Update – 06/07/2018

    Sam Davidson, Agfarm Account Manager Victoria Victorian wheat markets continued their sleep walk sideways this week as offer bias makes price discovery somewhat difficult. However, we have seen a slight uptick in buyer interest this week which may provide just enough demand to either hold cash markets at current levels or, dare I say it, […]
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  • SA Market Update – 06/07/2018

    Kate Phillips, Agfarm Account Manager SA Last week saw SA shivering through cold temps and frosts. This week has been the opposite with temps around 16-20. Strong winds and little to no rain for the state has moisture levels in some agricultural growing areas depleted to levels like those in early June. The eight-day forecast […]
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  • CNSW Market Update – 06/07/2018

    Alistair Murphy, Agfarm Account Manager CNSW The majority of markets have firmed this week, with most delivered feed homes moving up around $1-2/MT. Track base grade wheats made additional gains anywhere between $5-7/MT, mainly due to the trade transitioning from track seller to occasionally interested buyer now the rain event didn’t eventuate to what was […]
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  • WA Market Update – 29/06/2018

    Reid Seaby, Agfarm Regional Manager WA Another cold front washed through WA this week with between 5 – 15mm falling across most districts. Although the recent rains haven’t been too significant, they have been occurring frequently enough to maintain the moisture levels and provide good growing conditions for crops and pastures. Daytime and overnight temperatures […]
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