WA Market Update – 20/04/2018

Reid Seaby, Agfarm Regional Manager WA

GIWA released their estimated plantings last week with an estimated 8.4 million hectares of crop area to be planted across WA this season. Current estimated hectares for lupins are 400,000 and 1,415,000 for canola. Therefore, intended canola and lupin areas are expected to remain about the same as last year, but realistically, that will be determined by the amount of rain we receive in the next 2 – 3 weeks. WA is expected to plant 320,000 hectares of oats, and 34,000 hectares of pulses. Overall, wheat plantings are anticipated to be lower (4,750,000 hectares), in favour of barley (1,440,000 hectares). The outlook for increased barley plantings at the expense of wheat is mainly due to the current strength in prices. Small areas of canola have been seeded thus far with most sown dry. As mentioned in past editions, there are isolated areas that have good stores of sub soil moisture, but the moisture is too far down to sow into, this however will be beneficial later in the season.
 

Prices as at 20th April 2018

 

 
 
 
 
 
 
 

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