CNSW Market Update – 07/06/2019

Anthony Hall, Regional Manager NSW & QLD

1.5 minute read

There has been no rain to report this week however the temperature is definitely telling us winter has arrived. There is rain activity popping up on the 10 day forecast, showing bigger falls in the southern part of Australia and along the coast line. Unfortunately, there is not a lot showing for central NSW through to southern QLD.

It is getting late in the season to sow. In areas where summer cropping is possible, they’re saying if they haven’t sown a winter crop within the next three weeks they will switch to summer and conserve what moisture is there.

All farming activity seems to be in a holding pattern at the moment. Anyone who had moisture has finished sowing or run out of moisture so pulled up until the next rain. It’s really hard to make a general comment on what has been sown and its current conditions. Anyone who had some stubble cover and banked a little bit of moisture through summer have a good germination and crops are holding in. The areas with no stubble cover or that was worked for weed control in summer has experienced extremely patchy germination.

The markets have reacted in advance of the rain forecasted. Most feed values fell in the later part of the week.

Prices as at 6th June

* View of current market pricing. Does not represent current Agfarm bids.

 

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